Just Group
Restore MPAA to £10,000, Canada Life demands
Between 500,000 and 1 million people of working age are restricted by the allowance
IHT bill on track to exceed £7bn
As inheritance tax receipts for January 2023 totalled £578m
IHT freeze leads to record bills
Inheritance tax is no longer only an issue for the wealthy
Demand for later life financial planning surges
More than 60% of over-45s would meet with an adviser if given the opportunity
6,000 Brits trigger MPAA restrictions every week
148,000 accessed their pension in the first half of 2022