Inheritance tax (IHT) is the top immediate concern for high net worth individuals (HNWIs) in the UK, according to research from RBC Wealth Management.
The survey found 45 percent of those aged 66 and above were particularly concerned about IHT, and 72 percent of all respondents felt they needed guidance on taxation and efficient planning.
The second greatest concern was not knowing the amount of wealth needed to maintain lifestyles in retirement and later life.
This ...