Foresight Inheritance Tax Solution
Designed to offer simplicity and flexibility, while investing sustainably to protect future generations.
Benefits of Foresight Inheritance Tax Solution
The Foresight Inheritance Tax Fund was established to provide a straightforward approach to estate planning. Investments in the Foresight Inheritance Tax Fund can be made through the Foresight ITS and/or the Foresight Accelerated ITS. The Foresight ITS offers a risk managed Inheritance Tax (IHT) solution.
40%
IHT savings of Net Investment Amount (if shares are held for 2 years & upon death)
£25,000
Minimum subscription amount
No Maximum
Net Investment Amount
£10k "top ups"
(each top up will take 2 years to become IHT exempt)
0%
No dealing, performance or exit fees
After 12 months
Option to take regular withdrawals
The Foresight Inheritance Tax Service (ITS), and Accelerated Inheritance Tax Service (AITS) have both been awarded 5 Star Ratings by Defaqto, the UK's leading ratings agency, for product features and performance.
Defaqto is one of the UK's most trusted sources of financial market intelligence, supporting financial institutions, intermediaries and consumers to make smarter financial decisions. They maintain the UK’s largest financial product database and use proprietary research methodology to develop independent ratings, reviews and insights. You can read more about them here.
In their Diamond Review, Defaqto stated that the Foresight Inheritance Tax Service offers an excellent proposition relative to the peer group as indicated by the Defaqto 5 Diamond Rating; and in the 5 Star review, that the Foresight Inheritance Tax Service provides one of the highest quality offerings on the market.
FAQs
The easiest way to submit an application into the fund is through our online portal available for advisers. If you have never logged into the portal please contact clientonboarding@foresightgroup.eu and the team will send you a login link.
- Under ‘Applications’ on the left-hand panel, you can submit an application for each open retail fund.
- You will be required to complete most sections, anything in red is a mandatory field.
- Once you have completed all relevant sections, click ‘Email Form to Investor’.
- The investor will then receive an email informing them that an application has started on their behalf.
- The investor must click on the ‘Complete application’ link, check over the details on the form, tick the investor signature box then click 'Return form to Adviser' (the investor will not need a login link to the portal to complete this).
- You will then receive an email to finalise the application and submit it. You can view your pending and submitted applications under Home.
- You will receive an acknowledgement email once the application has been processed.
If you have any questions about the application process, please email us at clientonboarding@foresightgroup.eu. Please note the portal is currently only available for advisers.
When you subscribe to the Foresight ITS, we will invest your funds across a range of infrastructure and related trades to ensure you have a diversified portfolio. We make investments in shares that we expect to qualify for Business Relief. Once you have held your shares for two years, they should be exempt from IHT, provided the shares continue to be held at death.
Business Relief (BR) was introduced in 1976 by the UK Government. The tax relief provides an incentive to invest in certain types of trading businesses.
Business Relief (BR) is available on:
- unquoted and AIM listed shares;
- qualifying trading businesses;
- an interest in a business or a partnership; and
- land, buildings, plant and machinery when utilised in a qualifying trading business.
Foresight initial fee: 2.50% Annual administration fee: 2.00% + VAT
No dealing fees, performance fees or exit fees.
Please speak to your financial adviser if you are interested in investing in the Foresight ITS.
Important Information
Capital is at risk. The value of an investment, and any income from it can fall as well as rise and investors may not get back the full amount they invest. Foresight Inheritance Tax Solution and Accelerated Inheritance Tax Solution (“ITS” and “AITS”) should be considered longer-term investments and may be higher risk and more difficult to realise than an investment in listed securities. Tax reliefs are dependent on investee companies continuing to qualify for Business Property Relief and investors’ individual circumstances. Current tax rules are subject to change. A failure to meet the BPR qualifying requirements could result in the investments losing their inheritance tax exempt status, resulting in adverse tax consequences for investors.
AITS is a part of the ITS Fund and is an integrated Business Relief and insurance solution that gives investors immediate inheritance tax mitigation. For investment in the AITS Fund, insurance cover is only available to investors who meet the eligibility criteria for the relevant Insurance Category. Failure to meet such criteria or a misrepresentation in the eligibility declaration could result in the Insurer refusing to settle an investor’s claim under the Insurance Policy.
Investors should only invest in ITS and AITS on the basis of information contained in the applicable Documentation (including any Brochure, Fund Prospectus, Offer Documents, Key Information Documents and Disclosure Documentation) or Terms and Conditions of Investment as appropriate.
Please refer to our Risk Warnings page for full general and specific risk information.