Online due diligence fintech DD|hub has launched diligence data for inheritance tax (IHT) planning portfolios to help planners meet FCA expectations ahead of new Consumer Duty rules.

Inheritance tax receipts for the current tax year to-date have reached a record £5.3bn, according to the latest figures published by HMRC.

Adviser platform Transact has created an inheritance tax index to enable advisers to track IHT liability trends with their clients.

Property made up half the wealth of estates paying inheritance tax (IHT) in London in 2019-20.