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Nicol said all gifts to a grandchild’s JISA, LISA or pension should be immediately free from IHT, instead of the current seven-year rule.
He also wants to see tax relief on a grandparent’s contribution to a grandchild’s personal pension and/or university tuition fees.
“Now is the right time to put long termism back into savings and investment policies,” Nicol said.
Regulator wants to widen scope of recent research rule overhaul to UCITS and alternative investment funds
While three strategies entered the Square Mile Academy of Funds in October
How fund group distribution bosses are thinking about asset classes, strategies and working with clients over the next 12 months
Group warned of Q4 £8bn outflow from legacy Scottish Widows mandate
Investment manager says the trust’s opportunity set is ‘less attractive’ than it has been in the past
Bonds balloon by £631m while money markets increase £402m
