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You’ve opened a joint bank account. You’ve signed up for a joint mortgage. So, a joint life insurance policy might seem like an obvious next step. According to research*, 40% of life insurance policies in the UK are joint rather than individual. Joint policies provide life insurance cover for two people but pay out only once, typically after the first death. The policy is then terminated, which can leave the surviving partner without cover. Depending on their age and medical history, taking out a replacement individual policy could be challenging. Breaking up is hard to do Joint life insurance policies can also prove problematic when a relationship breaks down, as

A significant change to Inheritance Tax (IHT) rules is on the horizon. Currently, pensions are widely used as a tax-efficient way to accumulate and pass on wealth. However, with unused pension funds falling within the scope of IHT from April 2027, many people could see a higher proportion of their estate subject to IHT. This is prompting many to reassess their current estate planning strategies, particularly those with larger pension pots.  With research7 highlighting over half (57%) of clients are unaware of the imminent change, now is the perfect time to tune in. These changes could increase the taxable value of estates, meaning loved ones may ultimately face higher IHT liabilities on pension savings.  What’s right