Nov 3 2025 | Facts & Figures, Legacy news, Legal update, News
The new Charity SORP (Statement of Recommended Practice) Regulations have now been published. You can access them here: Charities SORP 2026.pdf The key section for ILM members is Module 5, dealing with the recognition of legacy income. You can also access the guidance...
Oct 27 2025 | Charities, Facts & Figures, Feature, ILM news, Legacy news, News
As part of this year’s Love Your Legacy Manager campaign, we asked members to share insights into how they feel about their salaries. Using benchmarking figures derived from advertised salaries for sector job listings, we asked members to tell us how their...
Oct 27 2025 | Events, Feature, Legacy news, News, Opinion, Partners, Uncategorized
Author: Leticia Jennings, Partner and Head of Dispute Resolution & Litigation, Bates Wells How can you make use of new powers in the Charities Act 2022 to unlock restrictions? Should you give an indemnity when asked for one? And what’s on the horizon for legacy...
Oct 13 2025 | ILM news, Legacy news, Legal update, News
Representatives of ILM attended the recent Trusts and Estates Advisory Group on 10th September, and we can report the following: Negative feedback was received on making pension scheme administrators liable for IHT reporting and payment. Ministers have revised the...
Sep 22 2025 | ILM news, Legacy news, News
The ILM has submitted a detailed response to HMRC ahead of proposed Government legislation to bring in Inheritance Tax (IHT) reforms affecting pension funds. If the proposals go ahead, it will bring most unused pension funds and death benefits within the value of a...
Jul 28 2025 | ILM news, Legacy news, Legal update, News
The Government have now published the draft Finance Bill 2025-26 containing the changes to IHT, bringing unused pension funds into the IHT regime for the first time. You can see the full text here: Written statements – Written questions, answers and statements...
