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7 in 10 over 50s fail to take IHT advice

Almost 7 in 10 (69%) of over-50s have not taken inheritance tax (IHT) advice, despite many holding assets over the nil rate band.


Call for tax incentives to boost pre-inheritance payments

Almost half (45%) of over-55s think that making family wait until after their death for an inheritance payout is wrong.


11.6m received inheritance in past 10 years 

More than 11.6m people have received an inheritance in the past 10 years with 47 the average age at which people receive a windfall, new research has revealed.


Third of inheritances used to fund retirement planning

Almost a third (32%) of those who have received an inheritance, of lifetime gift, or who expect to in the future plan to use the fund towards savings and their own retirement funding.

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