Available on demand
Suitability and business relief; balancing great outcomes with robust planning |
June 2025
30 minutes
Watch on demand
In the Autumn Budget, Rachel Reeves announced significant changes to inheritance tax on unused pensions (set to take effect in 2027), and Capital Gains Tax, as well as introducing a lifetime allowance for Business Relief investments.
These changes have led to advisers facing an increasingly difficult balance when tackling the great wealth transfer and the impact of inheritance tax. Advisers are also finding that many clients may be in vulnerable circumstances or may very likely be deemed vulnerable soon, making the advice process even more difficult to navigate when it comes to suitability.
Sophie Haslehurst and Kim Bendall-Sanders will explore how Business Relief and other tax efficient wrappers can be valuable tools for clients aiming to optimise their tax planning while also exploring the complex world of suitability.
What's covered:
- Develop an understanding of how different tax advantaged investments can work alongside existing client portfolios to deliver good outcomes
- Examine examples of support available for all types of advisers to enable them to deliver an effective and intergenerational advice service
- Determine vulnerability, whether permanent or temporary, and how to apply the same to clients that you may inherit
- Explain the target market for Business Relief qualifying investments
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This webinar is for investment professionals only.
The webinar is being hosted to facilitate discussion, it is not intended to provide professional guidance or offer personal recommendations. Opinions expressed by the speakers do not necessarily represent the opinions of Puma Investments.
Continuing professional development
Continuing professional development (CPD) is an essential requirement for all financial advisers. The FCA states that all advisers must complete a minimum of 35 hours of relevant CPD each year with at least 21 hours being structured learning. Structured learning activities can include seminars, lectures, conferences, workshops or courses and completing appropriate e-learning.
Risk factors
An investment with Puma Investments carries risks.
Past performance is no indication of future results and share prices and their values can go down as well as up. Minimum returns are not guaranteed. An investment with Puma Investments can be viewed as high risk. Investors' capital may be at risk and investors may get back less than their original investment. Tax reliefs depend on individuals' personal circumstances, minimum holding periods and may be subject to change. Some investments should be regarded as illiquid and it may prove difficult for investors to realise immediately or in full the proceeds.