The companies in the Utmost Group can take no responsibility for any loss which may occur as a result of reliance on this information. The information is based on our understanding of current legislation. Utmost is not able to provide any legal or tax advice.
Utmost Wealth Articles Archive
Global Wealth Specialist, Julian Melling, discusses the reasons why global families need to plan for their future and why insurance bonds are a useful tool for this type of client.
20 July 2020 Utmost International, whose principal business lines are Utmost Wealth Solutions and Utmost Corporate Solutions, is pleased to announce that today Fitch Ratings (‘Fitch’) has affirmed its credit ratings. Fitch has affirmed Utmost International’s three main operating entities, Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited, with Insurer Financial Strength (IFS) Ratings … Continued
Utmost Group of Companies (‘Utmost’) is monitoring the evolving Coronavirus situation and we are following the latest advice from the World Health Organisation and national health agencies in our markets. Please see our full statement here
Simon Martin, Technical Services Manager I would imagine that we will see some changes to the IHT regime, but I hope they don’t throw the baby out with the bathwater. Some of the IHT exemptions provide for perhaps unnecessary complexity and I think it’s likely that the budget may align with some of the suggestions … Continued
Our Selection Bond from Utmost PanEurope now has a new conversion option which could assist financial advisers when reviewing their clients’ UK IHT planning. To find out more, get in touch with your Regional Sales Manager or download the Conversion Guide
The United Kingdom (the ‘UK’) left the European Union (the ‘EU’) on 31 January 2020 with a withdrawal agreement. The UK and the EU are currently in a transition period as they negotiate their future relationship and try to reach a trade deal. The UK must abide by EU rules during this transition period. This … Continued
We are pleased to announce that Fitch Ratings has assigned the four main operating entities of the Utmost International Group an Insurer Financial Strength Rating of “A” with Stable Outlooks. The assessment is driven by Utmost International’s strong capitalisation and leverage, its business profile and Fitch’s expectation of good financial performance. This is a further … Continued
A brief summary explaining some of the reliefs and exemptions available to UK resident tax payers as part of wider IHT planning. Download the summary here
Our latest technical briefing looks at various issues surrounding making gifts in an Inheritance tax efficient manner. It uses specific examples to focus on the impact of the timing of making gifts into trusts. It goes on to explain why care should be taken where multiple gifts have been made or are intended. Download the … Continued