
Advisers expect pension IHT changes to hit two thirds of clients – Quilter
Advisers expect two thirds (66%) of their clients will be affected and need IHT advice, up from 52% earlier in the year.

Advisers expect two thirds (66%) of their clients will be affected and need IHT advice, up from 52% earlier in the year.

The research showed this gap stayed even for married couples, with 72% of married men reporting satisfaction, compared to 63% of married women.

This rose to 16% among younger, higher-income retirees and 15% among those on lower incomes.

The research, comissioned by Quilter and produced with the Centre for Economics and Business Research (Cebr), found average annual retiree spending stands at £22,140.

For a moderate lifestyle, the pot needed was £415,000, while the minimum needs could be met with £28,000.

Nearly 43,000 applications were made for specified adult childcare credits between October 2023 and September 2024, up 43% on the previous year, Quilter has revealed.
The analysis also highlighted that 8.2 million individuals over 60 will be affected.
This acquisition aims to strengthen Quilter’s support for healthcare workers.

Despite the introduction of pension transfer regulations three years ago to prevent fraud, major issues persist.
Quilter commented on the rumours that Rachel Reeves may extend the income tax threshold freeze to 2030, and its impact on pensioners.
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