Advisers predict growing demand for Business Relief solutions

According to its research, 81% of advisers expect an increase in the proportion of clients using BR for IHT planning, with 10% predicting a significant surge. This comes in the wake of widespread speculation before October's Budget that BR could be scrapped entirely. The uncertainty led 14% of advisers to report substantial client withdrawals from BR schemes, while a further 73% noted that some clients had pulled out of their investments. Only 12% of advisers indicated that the speculation had no effect on client decisions. The October Budget introduced changes to the current 100% BR,...