Individuals seeking to shield their wealth might explore moving funds into retirement accounts or transferring assets between partners. Financial analysts Dan Coatsworth and Jason Hollands highlight low coupon short-dated gilts as an alternative destination for liquidity. Furthermore, spouse transfers can lower household liabilities, provided both partners have utilized their personal exemptions, though Hollands emphasizes: “But this needs to be a genuine transfer: the money becomes theirs, legally and in practice, and they must be free to decide what to do with it, so trust is key,” Dan Coatsworth, head of markets at AJ Bell, says: “When you pay into your pension, you can get tax relief at your highest marginal rate and lower your ‘adjusted net income’.”
Parents putting money aside for offspring can utilize
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