Cost of living pessimism could lead to client later-life planning 'inertia'

The specialist investment manager said the inertia - such as putting off proper estate planning - is compounded by the fact that this generation has not experienced such a dire set of economic circumstances for a long period of time. It added that putting off decisions can "severely impact" a positive outcome for clients and their families. The provider said that between April 2022 and January 2023, inheritance tax (IHT) receipts grew by almost 10%. House prices, it added, increased since the pandemic, "even if they have fallen marginally of late, and so more estates will creep above ...