The biggest concern of high net worth clients is planning for Inheritance Tax, according to new research from RBC Wealth Management.

More than half of people who have some financial responsibility for others (57%) have failed to write a will.

Online due diligence fintech DD|hub has launched diligence data for inheritance tax (IHT) planning portfolios to help planners meet FCA expectations ahead of new Consumer Duty rules.

Inheritance tax receipts for the current tax year to-date have reached a record £5.3bn, according to the latest figures published by HMRC.