If you are a Financial Planner, millennials - those aged roughly 18-38 - are potentially the next big client target group…but there’s a problem.

More than six in 10 millennials have no clue about their financial plans when it comes to IHT despite being likely to inherit around £4trillion by next year, according to a major survey for a wealth manager.

Experts have backed the notion that Chancellor Sajid Javid could scrap Inheritance Tax.

Advisers need to urge clients to check if any Trusts they hold are registered or risk an unknown fine.