The Intermediary – August 2026 - Flipbook - Page 43
that leaving these conversations until later life
can reduce the number of options available
to them.”
“The combination of homeowners sitting on
significant amounts of equity and the increasing
spotlight and fear around IHT has been a real
The current IHT threshold (the nil-rate band)
sits at £325,000, frozen since 2009, with an
catalyst behind earlier conversations about how
and when is best to pass on wealth.
additional residence
nil-rate band of up to
£175,000 available when
a main home is passed
to direct descendants,
giving some families a
combined allowance of
up to £500,000.
John Phillips, chief
executive officer at
Just Mortgages and
Spicerhaart, says
advisers are seeing a
noticeable increase
in conversations
around wealth.
"I also believe the
The combination of rising
property values and frozen
IHT thresholds means more
families are finding themselves
drawn into estate planning
conversations that may once
have seemed relevant only to the
very wealthy”
“In recent years,
realities of growing old
today are pushing more
to think about their own
financial resilience and
how they can better plan
for later life.”
Phillips says that
this is about helping
clients understand
the full range of
options, “whether that’s
downsizing, later life
lending, gifting during
their lifetime or simply
preserving wealth for
future generations.”
conversations have
Ahmed Bawa, chief
increasingly looked at when that wealth could
executive officer at Rosemount Financial
have the greatest impact, whether it’s helping
Solutions, believes two things are driving the
children or grandchildren onto the property
uptick in IHT conversations among his advisers.
ladder earlier in life, supplementing retirement
income or providing support in later life,” he says.
He says: “With unspent pensions now falling
within IHT from April 2027, we are seeing clients
p
"Nice, I got the Early Inheritance power-up!"
August 2026 | The Intermediary
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