Families have made close to 32,000 successful reclaims for overpaid inheritance tax in the past six years, according to HMRC.

Over two thirds (72%) of financial advisers think providers do not give enough clear and consistent information about how to complete expressions of wishes.

Inheritance tax receipts for April 2021 to March 2022 were £6.1bn, a rise of £0.7bn year-on-year, according to the latest figures from HMRC.

One in three (33%) advised families share the same financial adviser across multiple households of the same family, according to new research.