Gifting, annuities and onshore bonds surge as IHT shake-up looms

This comes as they are scrambling to adjust to changes triggered by the chancellor's Budget in November last year, according to findings from the consultancy's 13th annual State of the Platform Nation (SOTPN) report. This includes Rachel Reeves' move to bring pensions under the inheritance tax (IHT) umbrella from 2027. The Lang Cat senior analyst Rich Mayor said: "The industry is in transition and our latest report paints a picture of strategic urgency and platform reinvention." Only 3% of advice professionals The Lang Cat spoke to believe the government's proposed changes to unspe...