Estate planning confusion causing elders to reconsider advice

'The Autumn Budget has caused confusion'

Sahar Nazir
clock • 2 min read

Confusion around estate planning is driving older adults to consider or reconsider advice, according to Boring Money CEO Holly Mackay.

Boring Money's survey which was released yesterday (5 November), found that the Autumn Budget has increased consumer appetite for financial advice. MacKay said the Budget has caused confusion, particularly for those over the age of 75, "who do not have a Plan B". "People's plans are now up in the air," she told Professional Adviser. MacKay suggested that this feeling of instability is fuelling interest in professional advice, with consumers seeking clarity on estate planning and tax-efficient investment strategies. One of the Budget's least popular proposals, according to the su...

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