United Kingdom
IFA market set for mass client switching due to wealth transfer
Just 48% of inheriting Brits have a relationship with an adviser used by family members
28% of HNW Brits have no measures in place to address IHT
Many more people will be impacted by inheritance tax in the future
FCA halts plans for simplified advice following ‘limited’ industry support
As regulator pushes on with review into advice/guidance boundary
EQ Investors rolls out sustainability toolkit for advisers
It will help IFAs identify clients’ sustainability preferences
Most IFAs feel their business is undervalued by potential acquirers
Retiring advisers ‘must proactively seek opportunities that align with the true worth of their company’