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...

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 Business

Locking in business opportunities as wealth management evolves

Locking in business opportunities as wealth management evolves

Exploring wealth management business evolution

Jenna Brown
clock 07 November 2025 • 4 min read
The smartest business owners are thinking about legacy, not just liquidity

The smartest business owners are thinking about legacy, not just liquidity

Selling a financial planning firm can feel ‘all-consuming’

Nick Heath
clock 07 November 2025 • 4 min read
Bringing financial planning back to the community

Bringing financial planning back to the community

'Rebuilding public trust isn't just good for clients'

Robert Boland
clock 07 November 2025 • 3 min read