Royal London has launched an Inheritance Tax (IHT) hub to support advisers through client conversations.
IHT is becoming an increasingly prominent topic with three in 10 adults believing that they’ll be affected by planned IHT changes from April 2027.
Recent research from Royal London highlighted the significant concern surrounding IHT in the UK and widespread anxiety about the impact of these reforms.
Royal London’s IHT hub brings together a wealth of practical content across both pensions and protection, consolidating essential information into a single, easily accessible location.
CONTENTIOUS ISSUE
Clare Moffat (main picture), tax expert at Royal London, said: “Inheritance tax has become a contentious issue as a combination of frozen thresholds, soaring asset values, particularly property, and major upcoming reforms has transformed it from a tax on the very wealthy into a levy that affects an increasing number of families.
“The prospect of pensions being subject to IHT is driving more people to seek expert advice and consider options like gifting and life insurance to reduce potential bills, and as such advisers are facing more questions than ever.
“IHT has been a concern for an increasing number of families.”
“Since last year’s Autumn Budget, inheritance tax has been a concern for an increasing number of families, which has driven advice enquiries and a 50% increase in sales of Whole of Life protection policies at Royal London.”
REAL CONCERN
And she added: “It’s clear that there’s a real concern among clients about these significant changes and a need for an information hub to support advisers.
“By making everything advisers need available in one place, we aim to help them strengthen their proposition and deliver even better outcomes for their clients.”
The IHT hub features up-to-date expert articles and insights on inheritance tax planning; comprehensive guides covering both pension and protection solutions; practical tools and resources to aid client conversations.
I also features regular updates reflecting policy developments and market changes and is designed to evolve in line with ongoing policy and regulatory changes.
