Tax a 'significant issue' for clients but capital loss tops concerns

IHT on pensions concern near universal, Schroders finds

Sophia Panayi
clock • 3 min read

Tax is emerging as a “significant issue” for advisers’ clients, according to research, as changes to inheritance tax (IHT) rules approach.

Schroders UK Financial Adviser Pulse Survey has revealed that although capital loss (36%) and geopolitical risk (32%) were identified by the survey as the top two client concerns, tax also emerged as a significant issue, cited as the number one concern by 16% of advisers. Of the 212 advisers surveyed, 52% reported clients being very concerned about pensions becoming subject to IHT from 2027. Overall concern is near-universal (99%), with just 1% saying clients are not concerned at all. Schroders head of UK wealth Jamie Fowler noted: "The clock is ticking…Some advisers are going to b...

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Sophia Panayi
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Sophia Panayi

Senior reporter at Professional Adviser

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