Record inheritance tax (IHT) receipts this year are pushing estate planning opportunities for advisers to a new high, delegates heard.
Speaking at PA360 North today (4 October) Octopus Investments strategic partnerships Paul Rose said many advisers had fears around IHT planning despite "lots of noise and publicity" around the importance of reducing bills for clients and the business benefits of building connections with clients' beneficiaries. He explained that key among adviser's concerns are lack of specialist knowledge, writing plans that will pass compliance testing, and worries around investment risk. Rose warned: "IHT planning is going to be with us for a lot of years yet. We are in the midst of a great big tra...
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