Married couples where one spouse has little or no income could transfer an asset into the lower-earner's name, making use of both income and capital gains allowances.

You can transfer an asset to anybody and it will be deemed outside your estate for inheritance tax purposes after seven years.

Many other companies are looking at deals to hedge their pension liabilities without transferring the assets or administration of the scheme to a third party.

Clients have been advised to transfer their assets to other banks.

But then, he claims, they set about transferring his assets to financial entities linked to themselves.