Well, that’s another week in financial advice done –with the Autumn Budget looming, there’s certainly no shortage of things for advisers to mull over. But is there ever a shortage?
First up – unsurprisingly – pensions and inheritance tax. We're now just six months away from the planned April 2027 changes bringing most unused pension funds and death benefits into the IHT net. Advisers told PA they are looking for Budget clarity, but the immediate priority is helping clients understand the implications without rushing into decisions. Then there's the growing anxiety around pension withdrawals. AJ Bell has warned that Budget uncertainty could encourage more people to take their tax-free lump sums sooner than planned. Its research found that 76% of people aged 55...
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