Advisers turning away from 'complicated' and 'inflexible' DGTs

The investment firm's poll - which received responses from 270 advisers - found more than two- thirds of advisers expected DGT business levels to to remain flat or fall over the next year. This is despite the UK's rapidly ageing population and the rising number of people with estates valued above the nil rate band of £325,000, the current inheritance tax (IHT) threshold. Octopus said the shift away from DGTs could be a result of dissatisfaction with IHT vehicles. Managing director Paul Latham said: "Our survey revealed a widespread perception within the adviser community that, althoug...