IHT receipts continue to rocket as government eyes further hikes
£97m higher than the same period last year
Financial Planning
-
-
Schroders Personal Wealth finds three-quarters of people don’t understand IHT
Compounded by 40% of people not having a will
-
Evelyn Partners aims to boost number of women receiving advice with new partnership
Only 20% said they know where to find a good financial adviser
-
Two thirds of advisers involved in family bust-ups over IHT
Planning more contentious than estate settlement
-
Canaccord Wealth hires senior wealth planner from Brewin Dolphin
Joins with 25 years’ sector experience
-
Quilter says IHT gifting rule used by just 2% of estates will spike in popularity
Just 1,490 estates have used the strategy
-
Shackleton to offer tailored financial planning to clients with life-changing injuries
Move facilitated by the acquisition of IM Asset Management
-
Two-thirds of advice firms plan to invest more in AI
Biggest opportunities are in simplifying the advice process, enhancing compliance efforts and improving marketing and lead generation
-
IHT take jumps again as annual total reaches £8.2bn
An increase of 10.8% on the same period between 2023 to 2024
-
Cuts to IHT relief on AIM shares set to make gifting more attractive
Will raise an additional £110m a year for HMRC
-
Majority of advisers interested in specialist IHT support
Only half (52%) believe their firm is ‘very experienced’ in IHT planning
-
Nine in 10 advisers involve clients’ family in ‘great wealth transfer’ planning
Research by Quilter Cheviot and the Lang Cat