More than one in five UK adults lack confidence in inheritance planning

Its study of 1,000 UK adults found that the top areas where people are least confident were, inheritance planning, provisions for retirement, investments (stocks and bonds), insurance, and personal loans. When asked which areas of their finances they feel least confident about managing without professional advice, tax planning was mentioned by almost a quarter of mass affluents (23%). Inheritance planning is also an area where more help is needed, with 22% noting they are not confident to manage this on their own. Other areas such as retirement planning (17%) and investments (17%) als...