UK advisers turning to law firms as IHT changes bite
Financial advisers expect a boom in demand for inheritance tax (IHT) advice and are looking to strengthen business partnerships with lawyers to help them cope. Research from Prudential found that 69% of the 104 UK advisers surveyed expect IHT planning demand to grow over the next year, with 37% predicting a significant increase. Regulatory changes, however, have left 17% of advisers lacking confidence in their ability to advise on IHT issues and they want to develop links with legal firms and other specialists. Please link to International Adviser to read the full article by Kirsten Hastings.