It seems Aviva Investors, the asset management arm of the insurance giant Aviva, is likely to close its global Real Estate Investment Trust (REIT) business.
The company has sent clients a letter saying the business is under review because its scale prevents it from competing on the international level.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
