Tax wish list for the wealth industry
Changes to IHT, stamp duty, property, trusts and pensions in private client space wanted
Quilter
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Industry needs to ‘eradicate’ any notions it is ‘old man’s club’
Attracting female clients is vital, as 27% of UK women have inadequate pension pots
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Brits want IHT nil rate band doubled
Politically ‘it would certainly be seen as a positive step by the majority of people’
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Quilter sales hit by political and economic uncertainty
As clients continue to pull money out of the market
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Industry taps into growing need for financial education
With initiatives in the UK and the Middle East aimed at under-18s
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UK government urged to review pension allowances
HMRC told to work with schools to improve public’s understanding of tax and finance
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Changes needed to entice female advisers back to sector
As Quilter Financial Planning’s head of acquisitions and recruitment says he believes in quotas
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Tory pledge to boost national wage good news for pensions
Increase to £10.50 per hour could see workers save up to 47% more a year for retirement
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Dementia and the damage it can do to estate planning
Disputes have the ‘potential to bring out the worst in people and destroy families’
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Is the UK pensions secretary role a ‘poisoned chalice’?
Amber Rudd’s sudden departure sees the seventh Secretary of State for Work and Pensions since 2016
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Stay of execution for UK expat state pensions
Brits in the EU to benefit from triple-lock until 2023, but fears annual increases could disappear
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Young advisers will not solve industry recruitment crisis
Quilter director says sector needs to also attract an ‘immediately productive cohort’