Advisers concerned Budget impact on clients will be negative

Pensions and IHT expected to impact more than half of clients

Isabel Baxter
clock • 2 min read

Most (90%) of advisers are concerned that the Budget impact for clients will be negative, NMG Consulting has found.

Its research, including 150 UK financial advisers interviewed on 10 November, has revealed that two-thirds of advised clients expected to be impacted by the Autumn Budget. It also found that 66% of advised clients are expected to be impacted, with 90% of advisers concerned that this impact on clients will be negative. Changes to pensions and inheritance tax are expected to impact more than half of clients (53%), and changes to capital gains tax 24%. The immediate priority is for advisers to reassure their clients, NMG Consulting highlighted, with 86% having contacted or planni...

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