# Financial Advisers Give 'Good' Advice

- Link: https://fundraising.co.uk/2004/04/28/financial-advisers-give-039good039-advice/
- Published: 2004-04-28T09:54:55+01:00
- Author: Howard Lake

New NOP World research , commissioned by The Giving Campaign, indicates that one
quarter of financial services professionals are now giving advice to clients about
the tax implications of their charitable donations (up from 18% in 2001).

 

The findings suggest that although the majority of advisers would be ‘comfortable’
giving advice on legacies (80%) and Gift Aid (64%), only 29% are comfortable talking
about Share Giving. Donors who give shares to charity are entitled to full income
and capital gains tax relief, meaning a donation of £100 shares would cost a donor
only £60. Share Giving is worth more than £150 million for charities each year, 
generating tax relief of £60 million pounds for donors who give in this way

## Advertisement

 

Amanda Delew, Director of The Giving Campaign, comments:

 

“It’s great to see that advisers are increasingly talking to clients about their
giving, helping to position charity as an issue for consideration within the financial
planning process. Awareness about legacies and Gift Aid seems to be spreading fast,
but I am disappointed to see that so few advisers are up to speed with how Share
Giving works. After all, it is undoubtedly one of the most generous tax breaks advisers
can offer their charitable clients.”

 

Speaking about the increased awareness of legacies, Theresa Dauncey, Director of
Legacy Promotion Campaign, adds:

 

“It is great to hear that so many advisers are giving advice on the crucial area
of legacy giving. Our message that supporting the Campaign is an opportunity for
financial advisers to improve client service while helping charities provide the
services on which we all depend, is obviously getting through. “

 

The survey, a repeat study of research initially conducted by MORI in 2001, found
that advisers are increasingly the ‘driver’ in raising the issue of giving money
to charity. In 2001, the majority of advisers (56%) said that clients were significantly
more likely to prompt this discussion, but in the recent survey 34% advisers said
that clients usually play the lead role and 45% answered that both (clients and 
advisers) were equally likely to raise this issue.

 

For further information, or to order a copy of ‘Giving Good Advice’ contact

 

The Giving Campaign on 020 7930 3154 or visit www.givingcampaign.org.uk

 

ENDS

 

Media Enquiries

 

Lucinda Gould 020 7930 2629 / 07712 045 308

 

The Giving Campaign lu***********@****************rg.uk

 

**Notes to editors**

 

• The Giving Campaign

 

The Giving Campaign has been established to encourage a culture of giving and to
increase the amount of money given to UK charities. The Campaign has Government 
and voluntary sector support for its aim to increase charitable giving in the UK.

 

• Legacy Promotion Campaign

 

The Legacy Promotion Campaign is backed by a consortium of 116 charities to raise
awareness of charitable donations in wills. Please visit www.rememberacharity.org.
uk for a full list of member charities or call 08081 80 20 80 to receive further
information about the Campaign.

 

i. NOP World online research survey of 202 financial services professionals (member
of APCIMS, AIFA and SOFA).

 

ii. MORI survey (qualitative and quantitative data) collated during August and September
2001

 

| [Giving Good Advice.pdf](https://www.fundraising.co.uk/files/Giving Good Advice.pdf) | 257.3 KB |

 

 * **[Campaign's work promoting charity financial products set to continue](https://fundraising.co.uk/2004/04/28/campaign039s-work-promoting-charity-financial-products-set-continue/)**(
   28 April 2004)
 * **[John Healey MP commends The Giving Campaign](https://fundraising.co.uk/2004/05/20/john-healey-mp-commends-giving-campaign/)**(
   20 May 2004)
 * **[Lord Joffe calls on the wealthy to get Britain giving](https://fundraising.co.uk/2004/05/26/lord-joffe-calls-wealthy-get-britain-giving/)**(
   26 May 2004)
