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HNWs increasingly concerned about passing on wealth

News Team, 05/02/2024

Inheritance tax (IHT), gifting and not knowing how much is enough to maintain their lifestyles in later life are the top three financial concerns of wealthy Britons, according to research from RBC Wealth Management.

Across generations, IHT remains the number one concern despite ongoing speculation of a potential tax cut, jumping from 27 percent in the prior year’s survey to 35 percent.

This is equivalent to a 12 percent and 16 percent year-on-year rise ...


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