Octopus IHT saving scheme

Octopus IHT saving scheme

Author
Discussion

London GT3

Original Poster:

1,025 posts

241 months

Tuesday 15th July 2014
quotequote all
I am assisting my parents look at their investment situation and wonder if anyone has personal experience (either good or bad) about the Octopus Investments Inheritance Tax Service using Business Property Relief.

Any comments would be welcome.

London GT3

Original Poster:

1,025 posts

241 months

Friday 18th July 2014
quotequote all
Thanks to everyone who has replied. All comments are very helpful.

The upside is early access to IHT shelter - my father is 86 and my mother is 81.

Downside is costs of entry and management. Target performance at 3% pa is only modest. The provider seems to take big fees and management charges to share in the IHT benefits which can be considerable.

On the issue of risk, they are not looking at the AIM investment. The fund has been going in excess of 6 years and has always delivered 3% pa to investors. The risk appears to be moderate.

It seems that Octopus are a recognised provider in the market.