Demand for estate planning is set to soar as clients seek more specialist support in response to the forthcoming inheritance tax (IHT) changes, Transact has found.
In its survey of 260 financial advisers, the majority (59%) said recent IHT changes will increase demand for advice, as clients seek more specialist support in response to the forthcoming inclusion of pension wealth in estate valuations from April 2027. Respondents in the survey reported a clear shift in client priorities towards estate and intergenerational planning. Advisers highlighted three core strategies expected to play a central role in client plans over the coming years: Trust-based planning (54%), gifting out of surplus income (47%), and investment bonds (44%). These appr...
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