United Kingdom: Wealth Management

With significant inheritance tax changes for pensions taking effect in April 2027, this comprehensive guide examines five essential areas of estate planning that families should review this autumn. From pension arrangements and regular gifting strategies to education funding, lasting powers of attorney, and digital asset management, discover practical steps to ensure your financial affairs remain aligned with your objectives and compliant with evolving tax legislation.

Explore how wealth extends beyond financial metrics to encompass values, culture, possessions, and philanthropy. This collection examines the broader dimensions of legacy planning, from values-led investing and cultural perspectives on succession to the emotional significance of heirlooms and passion assets, offering insights into creating meaningful and lasting legacies.

High net worth individuals are increasingly investing in art, watches, wine, classic cars and other collectibles as passion assets. These assets combine personal enjoyment with financial value, requiring careful legal and practical consideration across acquisition, lending, financing and succession planning to protect both their emotional significance and long-term worth.