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  • IHT receipts rise 8% to £3.1bn

    HMRC collected inheritance tax (IHT) receipts of £3.1bn in the first four months of 2025/26, an increase of £229m (8%) compared to the same period in 2024/25 (£2.8bn).

  • UK GDP growth slows to 0.3% in Q2

    UK economic growth slowed to 0.3% between April and June although the figure was higher than the 0.1% expected.

  • Quilter is most recommended adviser platform in H1

    Quilter was the most recommended adviser platform in the first half of 2025, maintaining the top spot for the second consecutive period, according to a new report.

  • Dividend tax payers set to hit record 3.7m

    The number of people paying dividend tax is expected to reach a record 3.67m in the 2024/25 tax year.

  • Net flows up 182% for Quilter as compensation pool reduced

    Net inflows rose 182% year-on-year to £4.3bn for wealth manager and Financial Planner Quilter in the first half of the year.

  • DWP launches review to consider State Pension Age

    Work and Pensions Secretary Liz Kendall has confirmed that the third statutory Government review into when and how to raise the State Pension age will begin straightaway.

  • Industry welcomes FCA’s ‘targeted support’ proposals

    FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.

  • Lifestyle Trust numbers rise 200% following IHT shake-up

    Wealth manager Quilter has reported a 200% year on year increase in the number of Lifestyle Trusts opened in 2024.

  • Tax gap falls to 5.3% with £46.8bn unpaid, says HMRC

    The estimated tax gap in the UK was 5.3% in 2023-24, meaning £46.8bn was unpaid in the year, according to new figures from HMRC.

  • UK economy shrinks 0.3% in April

    UK GDP fell by 0.3% in April, a turnaround from the growth seen in March, and a sharper fall than expected by many economists.

  • Quilter Cheviot CEO to step down

    Andrew McGlone will step down from being chief executive of wealth manager Quilter Cheviot later this year after 31 years with the business.

  • Pot needed for 'comfortable' retirement drops by £56,000

    A single person would need a pension pot of £682,000 - down £56,000 on last year - to produce a ‘comfortable’ retirement income, according to calculations by wealth manager Quilter.

  • Record advised platform sales of £22bn in first quarter

    Gross advised platform sales were a record £22.1bn in the first quarter, according to new data.

  • Planners react as IHT receipts continue to rise

    Inheritance tax receipts rose to £0.8bn in April, a £97m rise year-on-year (14%), according to today’s data from HMRC.

  • Fund managers turn their backs on US on tariff fears

    Fund groups are turning their backs on US investments because they expect Donald Trump’s reciprocal tariffs to be partially reintroduced when the current 90 day pause expires on 8 July.

  • Platforms reap best sales for 3 years in Q1

    Despite market turmoil in recent times, platforms enjoyed their best net sales for 3 years in Q1, according to platform consultant Fundscape.

  • Industry reacts to UK-US trade deal

    The UK and US Governments have agreed a trade deal to reduce import taxes and remove tariffs.

  • Just 1 in 50 estates maximising IHT gifting rules

    Just 2% of estates have made gifts out of surplus income under inheritance tax rules to minimise their tax burden in the past three years, according to new data.

  • Quilter donates £25,000 to Myanmar Earthquake Appeal

    The Quilter Foundation, the charity arm of wealth manager Quilter, has donated £25,000 to the Disasters Emergency Committee Myanmar Earthquake Appeal to support vital humanitarian aid following the earthquake that struck Myanmar last month.

  • Quilter Q1 core net inflows rise 181%

    Wealth manager and Financial Planner Quilter has reported record core net inflows of £2.28bn in the first quarter of 2025.

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