Labour government changes to property taxes are reshaping financial advice and the equity release market.

Taxes on property wealth have gained more attention due to recent Labour government changes, impacting financial advice. The equity release market has improved for two quarters, and 40% of adults expect to rent in retirement. Financial advisors face challenges with corrections to the Lifetime Allowance, with the industry awaiting a boundary review and targeted support from the Financial Conduct Authority.

3 months ago
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