More likely because for the last 20 years annuity rates have been awful.
More likely because for the last 20 years annuity rates have been awful.
yes, because they think they will achieve greater value (higher income and retained surplus) through this route - if they "win" that bet, then the surplus forms part of their estate for IHT purposes.
I think for most just higher income. Still nowhere near what their compatriots in the public sector enjoy.
sure, that’s a reasonable debate (taking into account relative salaries in public sector etc) but surely shouldn’t drive IHT policy?