Estate planning confusion causing elders to reconsider advice

'The Autumn Budget has caused confusion'

Sahar Nazir
clock • 2 min read

Confusion around estate planning is driving older adults to consider or reconsider advice, according to Boring Money CEO Holly Mackay.

Boring Money's survey which was released yesterday (5 November), found that the Autumn Budget has increased consumer appetite for financial advice. MacKay said the Budget has caused confusion, particularly for those over the age of 75, "who do not have a Plan B". "People's plans are now up in the air," she told Professional Adviser. MacKay suggested that this feeling of instability is fuelling interest in professional advice, with consumers seeking clarity on estate planning and tax-efficient investment strategies. One of the Budget's least popular proposals, according to the su...

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 Your profession

What will cryptocurrency regulation mean for financial advice?

What will cryptocurrency regulation mean for financial advice?

‘Regulation doesn’t automatically make something a sound investment’

Isabel Baxter
clock 05 September 2025 • 8 min read
Wealth management M&A: Integration is the competitive advantage

Wealth management M&A: Integration is the competitive advantage

'M&A is reshaping UK wealth management at an unprecedented pace'

Jim London
clock 05 September 2025 • 4 min read
Deputy PM Rayner remains in post after £40k stamp duty error based on tax advice

Deputy PM Rayner remains in post after £40k stamp duty error based on tax advice

Deputy PM refers herself to ministerial standards adviser amid ongoing scrutiny

Sahar Nazir
clock 04 September 2025 • 2 min read