Flexibility & Financial Planning

Published: 18/11/2025 By Oliver O'Brien

With the Autumn budget near, it’s worth reminding ourselves to not react to rumours. While the headlines are rife with alarming speculation, the smart move is to wait for confirmed policy before making any financial decisions.

However, we have already seen big changes and it is always good to ensure your plans are flexible. Legislation and markets change and so too will a good financial plan.

What the latest news?
New research from a survey of financial advisors by investment manager Downing, found:

• 30% said clients are taking money from pensions, to invest in Inheritance Tax Planning solutions
• 94% said inclusion of pensions into estates will drive innovation in IHT solutions, leading to new options for clients to consider
• 75% of advisers may need to amend current IHT planning strategies for 20-30% of their clients in response to the pension changes
• 61% believe there will be a 15%+ increase in clients faced with an IHT liability

What can you do?
While plans may need to be altered, the fundamentals of good financial planning remain unchanged:

• Don’t make decisions based on rumour & speculation – act on what you know
• Build a plan that allows for flexibility, while you shouldn’t react to rumours you should also expect things to change and evolve over time
• Ensure your money is diversified. Market volatility and inflation risk remain so ensuring your money is spread out across assets classes is still important

Building a robust financial plan that meets your needs now and in the future is an ever-changing puzzle and getting it right can be a challenge.

Speak to us today to help make that plan an easier reality. Call us on 020 8661 7878 or email advice@turpinba.co.uk