Publications are no longer accredited as of 21 September 2023.
With £3.2 trillion of wealth poised to pass to the next generation over the coming decades, the demand for estate planning services looks set to grow further. BPR qualifying investments – with their focus on speed, flexibility and capital preservation – should continue to feature in every adviser’s investment proposition.
The report comprises a summary of the BPR market, an update on estate planning and HMRC IHT statistics, an analysis of open investment opportunities, and surveys and interview with both IFAs and investment providers.
Key Findings:
- Because of the rules and restrictions, research shows that only about 0.04% of the population of England and Wales will benefit from the Residence Nil Rate Band
- There is a growing number of AIM-listed BPR products in the market, contributing to approximately half of all open BPR investment opportunities.
- Advisers have shown an increasing interest in underlying investments and manager track record.
- Competition is increasing in the BPR market with many new entrants coming into the market in the last two to three years.
- The popularity of BPR is still growing with 68% of advisers see their use of BPR increasing over the next two years.