Budget uncertainty fuels surge in pension and CGT client calls

Research from provider AJ Bell found that 99% of advisers had been approached by clients who had questions about potential fallout from chancellor Rachel Reeves' speech. Speculation about changes to inheritance tax (IHT), CGT, pensions tax relief and tax-free lump sums has ratcheted up leading to increased concern among advised clients. Some 33% of advisers who took part in the firm's online poll between 30 September and 2 October said clients had contacted them over tax-free cash while 16% had enquiries about increasing pension contributions. More than a quarter, 27%, had been con...