Home
About us
Our missionContact us
How it worksFeesFunds
Resources
CalculatorGlossaryBlogWebinars
Log inGet Started
Login
Sign up

Investment wrappers

Individual Savings Account (ISA)
General Investment Accounts (GIA)
Pension
Rainy-day pot

Investments

Bonds & fixed income
Dividend
Fund
Stocks
Interest

Key pension facts

Auto-enrolment
Contribution
Drawing benefits
Triple lock
State Pension

Pension transfers

No items found.

Recent pension developments

Collective Defined Contribution

Regulation

Financial Conduct Authority
IR35
Prudential Regulation Authority (PRA)
The Pension Regulator (TPR)
Department for Work and Pensions (DWP)

Tax

Annual allowance
Capital gains tax
Corporation tax
Income tax
Inheritance tax

Types of pensions

Contract-based pension
Defined Benefit (DB)
Defined Contribution (DC)
Net-pay schemes
Personal pension

Withdrawing from a pension

Annuity
Crystallised pension
Drawing benefits
Flexi-access drawdown (FAD)
Money Purchase Annual Allowance (MPAA)

Inheritance tax

Tax

Inheritance Tax (IHT) is tax payable on the value of the estate of someone who’s passed away. The applicable tax rate is 40%.

There are various specific rules but no IHTis normally payable if the value of your estate is below £325,000 or if everything is inherited by one’s spouse or civil partner, or a charity.

Pensions are normally not subject to inheritance tax.

‍

Didn't answer your question?
Speak to our team
Main
HomeAppContact usPrivacy policyPolicies
Resources
BlogGlossaryVideosPension calculator
Community
FacebookLinkedInInstagramTwitter

Raindrop ® is a trading name of Raindrop Technologies Holdings Ltd (FRN: 931052) an Appointed Representative of Resolution Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 574048). Raindrop Technologies Holdings Ltd is registered in England and Wales. Number: 12431555. Registered office: Runway East London Bridge, 20 St Thomas Street, London SE1 9RS, UK.