Only 10% of Financial Planners are very confident they would retain assets under advice when wealth is transferred to clients’ family members, according to new research.

A surge in the registration of new and existing trusts with HMRC is expected ahead of the deadline of 1 September.

A lack of digital and ESG offerings is preventing some Financial Planners from winning new business from the families of existing clients, according to a new report.

Inheritance tax receipts for April 2021 to February 2022 hit a new record high of £5.5bn.