Life cover in trust could reduce tax bills

Some of the UK’s most popular price comparison websites are failing to fully alert customers to a money-saving tip that could save thousands of pounds in tax when a policy pays out, according to research commissioned by the FT. Writing a life insurance policy into trust is a simple process that could spare death benefits [...]

White House and Labor Leaders Agree on High-Cost Health Insurance Tax

On Thursday, White House officials were able to reach a tentative agreement with labor leaders on a tax for high-cost health insurance policies. The agreement is said to be one of the last major obstacles on the road to finally passing a comprehensive health care legislation. What is the New Tax? Under the new proposal, [...]