Octopus Investments

We’re pleased to announce today that we’ve raised a further £150m from Avon Pension Fund, Pensions Gloucestershire Fund, Devon Pension Fund and Clwyd Pension Fund to help support them deliver affordable homes across the UK. It’s our goal to build new affordable, energy-efficient homes for those who need them most, which is very much in line with the Local Government Pension Funds’ ambition of driving positive societal and environmental impact in their local areas and beyond. You can read more on this news here: https://bit.ly/3LvhmSu #AffordableHousing #BuildingBetter The value of an investment can fall as well as rise. Investors may not get back the full amount they invest

We announced new research yesterday that revealed that only a third of financial advisers have a plan in place to tackle the Great Wealth Transfer. It also found that 52% of investors said that their financial adviser hadn’t engaged with the beneficiaries of their estate. Despite that 58% of investors think their beneficiaries would stay with their current adviser and that 79% said they’d recommend their adviser to their loved ones. See how this was covered in FTadviser: https://bit.ly/3Y0sdvj

Despite their many tax benefits, ISAs aren’t inheritance tax free. If your estate is above the tax-free nil-rate band allowance of £325,000, when the time comes to pass your ISA onto your beneficiaries it’s likely that they will have to pay 40% inheritance tax when they inherit it. This can come as a surprise to some people when they start planning for their estate. In the below article, we discuss one way that you can plan for your estate while leaving your ISA pot in place within the ISA wrapper. Please note that investments discussed in the article are higher risk than standard Stocks and Shares ISAs. The value of an investment, and any income from it, can fall as well as rise. You could get back less than you invest. Tax treatment on individual circumstances and may change in the future. https://bit.ly/3XhktEH

Financial advisers, your client making a Business Relief-qualifying investment is one way they can plan to leave more of their wealth to family members free from inheritance tax. BR-qualifying investments put investor capital at risk and not everyone will be suitable for this type of investment. Tax benefits are subject to personal circumstances, qualification criteria, and prevailing tax legislation, which may change. Watch our ‘Business Relief explained’ video for more information: https://bit.ly/3SOWpUN.

THE estate planning conference not to miss! 🏟️ On Thursday 12 September 2024, we are presenting our flagship summit for financial advisers to get to grips with estate planning under a new government. 🎤 The unmissable day will combine thought provoking keynotes from leading industry experts, focused educational workshops, and opportunities to network. Spaces are limited, so register now! ✅ https://bit.ly/3WgHQgE

Octopus is incredibly proud of the partnership we’ve had with Thames21 over the last 3 years. We’ve achieved so much together, the impact of which will last well into the future!

Inheritance tax is a tax on the value of everything you leave behind when you die. Not everyone is required to pay inheritance tax. But for those that do have a liability, there are ways to plan for your estate to leave as much as possible to your loved ones when you pass away. Read our article to find out how: https://bit.ly/4byO4gy

We are thrilled to announce that Lieven Debruyne has joined Octopus Investments as Executive Vice Chair. At Octopus, Lieven will take responsibility for establishing a market-leading capital raising platform focused on building our institutional client base globally, a key part of the growth strategy for our business. He will also focus on expanding our existing investment capabilities by developing new strategies with high growth potential, allowing us to deploy more capital into impact driven areas. Read more about our latest appointment here: https://bit.ly/3RZKTYi

How much of your wealth will pass on to your loved ones? How much inheritance tax will your beneficiaries have to pay? Use our simple inheritance tax calculator to better understand the potential impact of inheritance tax and allowances on your estate: https://bit.ly/4cPhw2U

In Jessica Franks’ latest Money Marketing column, she discusses how despite being in place for many years now, the residence nil-rate band still has an aura of “newness” about it. She comments that this likely stems from the fact that, compared to the nil-rate band, it feels complicated. While being a very welcome incremental inheritance tax allowance available to most estates, there are some details, complexities and pitfalls to be mindful of. It’s an area where advice feels especially valuable to most families. Read more here to learn about how the £2m taper threshold works and a client planning scenario that explains this more clearly: https://bit.ly/3VMEqRp