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

Sahar Nazir
Author spotlight

Sahar Nazir

News Editor at Professional Adviser

More on Your profession

Culture is the most effective risk tool wealth managers are missing out on

Culture is the most effective risk tool wealth managers are missing out on

'Understanding a firm's culture is understanding its risk profile'

Bev Shah
clock 09 January 2026 • 5 min read
FCA sets October 2027 date for implementation of cryptoasset rules

FCA sets October 2027 date for implementation of cryptoasset rules

Issues further guidance

Michael Nelson
clock 09 January 2026 • 1 min read
WH Ireland shareholders back Team takeover in key vote

WH Ireland shareholders back Team takeover in key vote

FCA clearance still required

Sahar Nazir
clock 09 January 2026 • 3 min read