With pensions coming into the inheritance tax net from April 2027, are you confident when it comes to considering protection as a part of your clients’ IHT planning?
An hour to get to grips with protection for IHT planning
Join us online at 1.00 pm on Tuesday 25 February to explore how paraplanners can use protection as part of IHT strategies for clients.
Host Richard Allum will be joined by Alan Jenkinson, business development manager at Scottish Widows, to walk through the practical applications.
Together, they’ll explore how protection fits into modern IHT planning – particularly relevant given the Budget changes bringing pensions into scope – and what paraplanners need to understand to recommend protection solutions with confidence.
During this lunch-hour Assembly we expect to discuss:
- how to use protection for IHT planning, including the benefits and potential downsides
- different types of whole of life arrangements and how they work
- guaranteed versus reviewable premiums
- trust structures and the implications for premiums paid
- gifting strategies using protection alongside substantial gifts (like pension tax-free cash)
- Gift Inter-Vivos policies and series of level term insurance policies over the seven-year period
- gift allowances and the “normal expenditure out of income” rules
- funding considerations using lump sums from bonds or tax-free cash
What can you expect to take away?
You’ll leave this Assembly with practical knowledge about how protection works for IHT planning and greater confidence in understanding when and how to include it in your recommendations.
This Assembly is accredited for 1 hour of CPD.
