IHT aggravates advisers AND families

Inheritance tax (IHT) planning has been a constant headline-maker since the last Autumn Budget. The Chancellor announced that pension pots may be liable for IHT from April 2027, flummoxing financial advisers alongside the ongoing market turbulence. It's also an area that frustrates families. Nearly two-thirds of advisers and wealth managers have been caught up in family arguments during IHT planning. It’s common, too, with only 11% of advisers stating that they’ve never experience any IHT or estate-related disputes. 30% of advisers ensure that other family members are involved in the process...