Inheritance planning 'elephant in the room' - Cicero

Missed opportunity for advisers

Sophie King
clock • 2 min read

Inheritance planning is still the "elephant in the room" for clients and advisers despite the continuing rise in IHT receipts, the annual Cicero Inheritance Tax and Estate Planning report has suggested.

The research, supported by Octopus Investments, concluded estate planning continued to be a missed opportunity for many financial advice firms. According to the research, a growing proportion of advised clients have investable wealth of more than £1m, yet generational planning is still not a subject being brought up consistently. Jonathan Lyness: Civil answer to civil partnership question Octopus Investments managing director Paul Latham said: "With rising numbers of people being subject to inheritance tax, particularly in areas where prices have risen sharply, it is fundamental to...

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