Advisers look to professional connections to boost IHT capabilities

Almost three-quarters (70%) of advisers expect increased demand for inheritance tax (IHT) planning over the next year, according to research by Prudential. The trend has its roots in 2015, when the then-Chancellor George Osborne's IHT reforms prompted many to change their retirement plans. Prudential also found, however, that one in five advisers did not feel confident advising clients on this area, due to regulatory changes. As a result many plan to work with lawyers to enhance their ability to offer IHT advice. Questa Chartered Financial Planning managing director Anthony Hoskisson ...