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UK advisers turning to law firms as IHT changes bite

By Kirsten Hastings, 18 May 17

Financial advisers expect a boom in demand for inheritance tax (IHT) advice and are looking to strengthen business partnerships with lawyers to help them cope.

Financial advisers expect a boom in demand for inheritance tax (IHT) advice and are looking to strengthen business partnerships with lawyers to help them cope.

104 advisers surveyed responded:

What has increased demand for IHT advice? Advisers agree
Better access to pensions following pension freedoms 64%
Increased attractiveness of pensions as a vehicle for passing on wealth 59%
Changes to IHT threshold 58%
Rising property prices 53%
Cuts to lifetime allowance 41%
Increased us of buy-to-let 36%
Increased ISA limits 32%

Pages: Page 1, Page 2

Tags: IHT | Law Firms | Pension Freedoms | Prudential

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.