Royal London has launched a new inheritance tax hub to support advisers amid upcoming changes to inheritance tax rules.
The new resource brings together a wealth of practical content across both pensions and protection, consolidating information into a centralised hub.
It will feature expert articles and insights on inheritance tax planning; guides covering both pension and protection solutions; practical tools and resources to aid client conversations, as well as regular updates reflecting policy developments and market changes.
Its launch follows changes to inheritance tax rules, which will see pensions brought into its scope from April 2027. Royal London’s research found three in 10 adults believe they will be affected by the planned changes, underscoring widespread anxiety about the impact of these reforms.
Clare Moffat, 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.”
Moffat said 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.
“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.
“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,” she added.
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