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...

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

Government confirms standalone death-in-service benefits exempt from IHT changes

Government confirms standalone death-in-service benefits exempt from IHT changes

'The draft clause was nonsensical'

Jaskeet Briah
clock 17 March 2026 • 3 min read
Tax changes cause increase in client worry

Tax changes cause increase in client worry

More than half now more worried about tax now than a year ago

Isabel Baxter
clock 10 March 2026 • 2 min read
Lords committee calls on government to rethink IHT reforms

Lords committee calls on government to rethink IHT reforms

Warns IHT on pensions will place ‘huge burden’ on personal reps

Isabel Baxter
clock 28 January 2026 • 6 min read