Fight to keep ASP available to all

The financial intermediary firm is launching an online petition this afternoon arguing ASPs should remain open to every individual following comments by Ed Balls, economic secretary to the Treasury, in the House of Commons last week revealing the government believes the introduction of ASP is still only for those with religious objections to the purchase of annuities, such as the Plymouth Christian Brethren. Inheritance Tax (IHT) measures for ASP announced in the March 2006 Budget are said to be designed to limit the popularity of the ASP concept by making the estate of anybody who dies w...