IHT receipts climb amid ‘concerning’ lack of frozen threshold awareness
The latest inheritance tax receipts from HMRC, covering April to August, show an increase of £0.1 billion compared to the same period last year, with a total of £3.8 billion. Receipts in June 2026 were the highest on record. HMRC expects higher receipts to continue due to a combination of higher volumes of wealth transfers […]
Housing wealth ‘needed for retirement’ as 15m are under-saving
Housing wealth will play an increasingly important role in maintaining retirement living standards over the next 50 years, an Equity Release Council (ERC) report claims, with 15 million people estimated to be under-saving for retirement. Figures in the ERC’s Fairer Finance – The Retirement Compass report also suggest one in 10 working age people are […]
Research to reveal what the future holds for the Welsh legal sector
A major research project examining the challenges, ambitions and priorities of Welsh law firms will give the sector its first opportunity to see the findings when the Welsh Legal Sector Transformation Report 2026 is unveiled in Cardiff next month. Legal News Wales and independent legal software provider Osprey Approach gathered the views of more than […]
Royal London launches new estate and inheritance framework
Royal London has launched a new estate and inheritance planning framework to help adviser firms prepare for the changes to the inheritance tax and personal representative responsibilities coming into force from April 2027. The framework comes as part of a wider suite of adviser support, including implementation resources and tools designed to help firms prepare […]