Season 1: Episode 43

Duration: 28 minutes

Following the Budget on 28 October, what has changed and what should advisers be considering now?

In this post-Budget episode of the Transact Platform Podcast, Zac Angel, Business Development Manager at Transact, is joined by Mark Fenlon, Head of Technical Services at Transact, to unpack the key announcements affecting advisers and their clients.

Together, they explore:

  • revoking of the proposed changes to the cash ISA allowance for under 65s and the treatment of cash held within Stocks and Shares ISAs

  • how higher tax rates on savings and property income could affect planning decisions

  • the latest changes to pension death benefits and the wider implications for retirement and estate planning

  • why the April 2027 inheritance tax changes remain a key consideration for advisers

  • how tax changes reinforce the importance of diversification across tax wrappers.

The episode also looks beyond the individual announcements to consider the bigger planning picture, including the growing importance of inheritance tax and estate planning as April 2027 approaches. Mark explains why advisers should focus on building flexible, long-term plans that can adapt as tax rules and allowances change.

Whether you’re reviewing the Budget announcements with clients or preparing for the April 2027 inheritance tax changes, this episode provides practical technical insights into the areas advisers may want to consider next.

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This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own and do not represent the views of Transact. Any references to third parties do not constitute an endorsement, recommendation, or preference by Transact. Please remember that the value of investments can fall as well as rise, and tax treatment depends on individual circumstances and is subject to change.