IFAs catch up with solicitors for IHT advice - Stan Life

In its annual survey of consumer attitudes to wills and trusts, Standard Life found consumers have a relatively basic knowledge of IHT issues and believe IFAs can tap major revenue streams in the sector. The survey found 54% of consumers would visit an IFA for advice on inheritance tax mitigation strategies, with only solicitors mentioned more frequently, identified by 77% of those surveyed. Standard Life's head of estate planning, Julie Hutchison, says financial advisers are well placed to assist consumers with tax efficient inheritance strategies. For example, almost two thirds of c...