More than three in four financial advisers (77%) expect a surge in workload due to the imposition of IHT on unused pensions from April 2027, according to a new survey.

Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.

Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, a new study reveals.