Property
Advisers must consider property wealth in light of Consumer Duty
As statistics show more UK personal wealth is accumulated in property than anything else outside private pensions
One in five parents use property wealth to help families onto ladder
‘Bank of Family’ holds £3.5trn in housing wealth
23% of British expats set to sell UK property
But most are not aware CGT may be due or that a non-resident capital gains tax return must be filed
European advice firm creates insurance and property arms
In a bid to bolster its offering for clients
Knight Frank expands private office business to Hong Kong
It now has five dedicated teams across the world