The Office of Tax Simplification’s (OTS) proposals to reform Capital Gains Tax (CGT) mean investment management clients should be urged to take a look at their “cherished” holdings, wealth manager JM Finn says.

Simon Temple-Pedersen, the head of JM Finn’s Bristol office, said CGT had long been a sensible reason for clients to hold on to “cherished” and often over-sized holdings – “which can make managing a portfolio that bit harder, especially when trying to manage risk a...