But only 17% are set to suffer from frozen LTA
Just under one-in-three clients are set to feel the burn of frozen inheritance tax (IHT) thresholds, according to research by Octopus Investments.
The survey of 208 UK financial advisers revealed that 31% of clients will suffer from it, compared to 17% being affected by the freezing of the pensions lifetime allowance, as set out in the UK spring budget.
Both will not be increased until 2026.
Most respondents (64%) said that affected clients are aware of the IHT freeze, but only 11% believed their customers fully understood how the change will impact them.
Around a third (32%) claim clients that will suffer from the threshold freeze are completely unaware of it.