Advisers want IHT rule changes following Labour's victory

Advisers and planners want to see changes following fresh government

Sahar Nazir
clock • 1 min read

More than a third (34%) of advisers and planners would like to see changes to inheritance tax (IHT) rules following Labour’s general election victory, according to Fidelity International.

In its IFA DNA 2024 report, the firm found that this was closely followed by changes to pension tax relief (33%) and the tax treatment of pension death benefits (30%). A general theme of the qualitative interviews was that practitioners would generally like to see consistency and simplification of the tax regime. Most advisers and planners (57%) expect the product mix for the typical client to change following the election. In the digital survey, 34% of respondents said this will mainly apply to clients in the accumulation phase of their life. In its qualitative interviews, Fide...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Third of advisers have lost 'substantial' assets in great wealth transfer – research

Third of advisers have lost 'substantial' assets in great wealth transfer – research

Baby boomers most likely to change adviser

Sophia Panayi
clock 14 April 2026 • 2 min read
Tax year reset offers opportunities for advisers, research finds

Tax year reset offers opportunities for advisers, research finds

‘Good intentions can slip away without the right support from advisers’

Sophia Panayi
clock 13 April 2026 • 1 min read
Fixing the 'broken' pathways for new advisers

Fixing the 'broken' pathways for new advisers

Hayley Rabbets and Tom Ham launch Evergreen

Isabel Baxter
clock 13 April 2026 • 6 min read