
Clients engaging with IHT planning earlier, but many still leave it too late, says Downing
More than two-thirds (67%) of advisers believe clients are still engaging with estate planning too late.

More than two-thirds (67%) of advisers believe clients are still engaging with estate planning too late.

He will join the Downing sales leadership team to help execute Downing’s retail sales strategy, with a particular focus on supporting the continued growth of the group’s estate planning solutions.

Downing’s private credit team has exceeded £1bn in lending as it expands support for property professionals.

Parik Chandra, partner and head of private credit at Downing, discusses planning reform ahead of the Budget next week.

The study from Downing found that 47% of advisers have clients cutting pension payments to focus on IHT planning.

In Downing’s survey of UK financial advisers and wealth managers, 92% said they saw a rise in enquiries about IHT in the run-up to the Budget on 26th November.

Parik Chandra of Downing dicusses ongoing conflicts in the Middle East and how this will impact the construction industry.

The study showed that 63% of advisers had faced family bust-ups during IHT planning, compared to just 26% seeing disputes when estates were settled.

Downing found that 42% of advisers already received help from specialist IHT providers, and 50% worked with both accountants and lawyers.

Institutional investors are concerned about the impact of macroeconomic factors, such as the cost-of-living crisis and rising interest rates.

Nearly two out of five institutional investors questioned by Downing strongly agreed that the ESG focus of property development finance firms is encouraging more investment.

Downing LLP's Property Finance Team has secured a £75m sustainability-linked loan facility from HSBC to amplify its support for small and medium-sized enterprise (SME) developers across the UK.
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