Foresight Accelerated Inheritance Tax Solution

The Foresight Accelerated Inheritance Tax Solution (Foresight Accelerated ITS) is a product exclusive to Foresight that immediately improves investors’ chances of successful Inheritance Tax (IHT) mitigation by combining the benefits of Business Relief (BR) and Life Insurance.

Since launching in 2016, we have protected over £235 million of investors’ assets from IHT, with 100% of claims paid to date by the Underlying Insurer, who has an investment-grade credit rating.

How does the Foresight Accelerated ITS work?

The Foresight Accelerated ITS and the Foresight ITS both invest in the same portfolio of unquoted trading companies through the Foresight Inheritance Tax Fund. Investments are made across a range of infrastructure and related trades to ensure you have a diversified portfolio. We only make investments in shares that we expect to qualify for BR.

Unlike the Foresight ITS, the Foresight Accelerated ITS benefits from Insurance Cover for the first two years of your investment. The Insurance Cover available to you depends on if you are an individual investor (Single Life Cover) or joint investors (Joint Life Second Death Cover).

If you die within the initial two-year period, and you are protected by your Insurance Cover, the insurance proceeds will mitigate the IHT liability on your investment.

As with any shareholding, should you wish to access your investment, you can sell some or all of it subject to liquidity. Any withdrawal reduces the value of your investment. Partial withdrawals are not permitted during the Initial Period other than to meet ongoing adviser fees. During the Initial Period, only a full withdrawal will be possible, however, please note that this will terminate your cover under the Insurance Policy and you will lose your IHT shelter.

Foresight Accelerated ITS offers investors two types of Insurance Cover. Hover over the options to find out more.

Single Life Cover

Available to individual investors only and pays out on an eligible death within the initial period.

Maximum Net Investment Amount: £1 million

Joint Life Second Death Cover

Available to joint investors only and pays out on the second death only (both deaths must be within the initial period and must be eligible deaths).

Maximum Net Investment Amount: £2 million

Joint Life Second Death Cover is only intended for joint investors who will benefit from Interspousal Transfer Relief.

There are two Insurance Categories that immediately improve your chances of successful IHT mitigation. The Insurance Category available to you is determined by your age.

Click to learn more about the Insurance Categories 

Click the below tips and tools to learn more about the Insurance Categories.

Category A

Available to investors aged between 62 and 85 (inclusive) -  provides immediate life insurance protection resulting from death by any cause.

Category B

Available to investors between 86 and 89 (inclusive) - provides protection resulting from death by any cause after 100 days and Accidental Death during the first 100 days.

Benefits of Foresight Accelerated ITS

No medical examination or questionnaire

Cover is provided without the need for a medical examination or questionnaire. Simply sign a declaration that, to the best of your knowledge, you are not suffering from a terminal illness.

Fast IHT mitigation

By combining BR and life insurance investors can immediately improve their chances of successful IHT mitigation.

Cover is 40% of Net Investment Amount

Cover starts as soon as your shares are acquired and is 40% of your Net Investment Amount to match the corresponding IHT liability.

Click here to view the Foresight Accelerated ITS charges

An investor can also specify in the Application Form the amount of any initial and ongoing charges they have agreed with their financial intermediary in connection with the Foresight Accelerated ITS.

Click here to view the Single Life Cover charges

Category A Investors

Foresight Initial Charge:
2.50% of Gross Investment Amount
Annual Management Charge:
During Initial Two-year Period: 4.30% of Net Investment Amount
After Initial Two-year Period: 1.00% of Portfolio Value
Annual Administration Charge: 
1.65% of Investee Company Net Assets 

Category B Investors

Foresight Initial Charge:
2.50% of Gross Investment Amount
Annual Management Charge:
During Initial Two-year Period: 6.36% of Net Investment Amount
After Initial Two-year Period: 1.00% of Portfolio Value
Annual Administration Charge: 
1.65% of Investee Company Net Assets 

Click here to view the Joint Life Cover charges

Category A Investors

Foresight Initial Charge:
2.50% of Gross Investment Amount
Annual Management Charge:
During Initial Two-year Period: 2.22% of Net Investment Amount
After Initial Two-year Period: 1.00% of Portfolio Value
Annual Administration Charge: 
1.65% of Investee Company Net Assets 

Category B Investors

Foresight Initial Charge:
2.50% of Gross Investment Amount
Annual Management Charge:
During Initial Two-year Period: 4.59% of Net Investment Amount
After Initial Two-year Period: 1.00% of Portfolio Value
Annual Administration Charge: 
1.65% of Investee Company Net Assets 

Category A/B Investors

Foresight Initial Charge:
2.50% of Gross Investment Amount
Annual Management Charge:
During Initial Two-year Period: 3.49% of Net Investment Amount
After Initial Two-year Period: 1.00% of Portfolio Value
Annual Administration Charge: 
1.65% of Investee Company Net Assets 

Click here to view the Foresight Accelerated ITS KIDs

KIDClick to view
Single Life Cover Category AView
Single Life Cover Category BView
Joint Life Second Death Cover Category AView
Joint Life Second Death Cover Category BView
Joint Life Second Death Cover Category A & BView
Speak with our retail sales team to learn more about investing in Foresight Accelerated ITS

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020 3667 8199

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Learn more about BR

Business Relief (BR) was introduced as part of the 1976 Finance Act in order to allow small businesses to be passed on through generations without incurring an Inheritance Tax (IHT) liability. The scope of BR has evolved over the years to become a method of investing for individuals looking to reduce a potentially large IHT liability at the time of their death.

Click here to view out BR FAQs page to learn more.

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. An investment in the fund should be considered a long term investment 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. Past performance is not a reliable indicator of future performance. Foresight Group LLP does not provide advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser. Investors should only invest in the Foresight Inheritance Tax Fund on the basis of information contained in the Investor Guide and Key Information Document.

Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN: 198020).