US EditionDowning: Probate delays force clients to cash in investments, adviser research shows - IFA Magazine
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Downing: Probate delays force clients to cash in investments, adviser research shows - IFA Magazine
Clients affected by delays in granting probate are being forced to cash in investments and savings to bridge the gap, new research* from investment manager Downing shows. The study with wealth managers and advisers found 76% say clients have had to cash in investments as a result of probate delays in the past two years, while 52% have had to cash in savings. Around a third (34%) of those questioned say clients have had to borrow money to pay for…
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