Utmost Wealth Articles Archive

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.


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

Utmost International inaugural Credit Rating announced – Fitch rates Utmost International “A” IFS; Outlook Stable

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

Reliefs and Exemptions

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

Order of gifts

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

Top-slicing Relief

Our technical team re-examine the top-slicing rules as they apply for overseas life assurance and capital redemption bonds.  Using several examples, they show how the relief is calculated – with a particular focus on the impact the nil-rate savings bands have on the relief given Download the Technical briefing here

Protected settlements and Offshore Income Gains (OIGs)

It was widely understood that the “protected Settlements” legislation did not include OIGs within the definition of protected foreign source income. Despite a recent technical argument that OIGs fit the description, HMRC have confirmed that they do not accept that OIGs from non-reporting funds qualify as protected foreign source income and no statutory amendments are anticipated … Continued

The removal and retirement of trustees

This technical briefing looks at situations that could necessitate a change of trustees and consider the options available to ensure the trust can still be effectively administered. Download the BRIEFING here

Autumn Budget 2018

The Chancellor of the Exchequer, Phillip Hammond, delivered his second autumn budget against the backdrop of ongoing Brexit negotiations and persistent uncertainty. Our updated technical briefing and tax table represent our current understanding of the major issues arising from the autumn budget 2018. Download the TECHNICAL BRIEFING  Download the UK TAX TABLES SUMMARY