Advisers align with accountants as tax planning demand rises - research

Professional connections all-important

Carmen Reichman
clock

The majority of advisers believe closer collaboration with accountants could lead to increased tax planning business post-pensions freedom, according to Prudential research.

More than two-thirds of advisers told the provider working more closely with accountants would help them establish business with big companies and individual directors. Almost half of them believed working with accountants would help them target small and medium size businesses. The study showed advisers placed greater importance on tax planning following the government's pension reforms, Prudential said. It interviewed 120 IFAs online at the end of August. New pensions freedom rules allow defined contribution savers unfettered access to their pots from age 55 subject to certain...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Pension reform and IHT: Why advisers are turning to EIS

Pension reform and IHT: Why advisers are turning to EIS

'As pensions lose some of their tax advantages, EIS is coming to the fore in estate planning conversations'

Moray Wright
clock 26 August 2025 • 4 min read
Making Tax Digital: What the scheme means for working Brits (and advisers)

Making Tax Digital: What the scheme means for working Brits (and advisers)

MTD initiative is aimed at modernising and simplifying the tax system

Arjun Kumar
clock 26 August 2025 • 4 min read
Pensions and IHT - is gifting the best option?

Pensions and IHT - is gifting the best option?

‘Advice will be more valuable than ever’

Lisa Webster
clock 22 August 2025 • 3 min read