Tony Overy is to retire as chief executive of Financial Planning at Rathbones at the end of this year.

Wealthy clients are increasingly seeking advice on inheritance tax and estate planning amid growing speculation ahead of the Autumn Budget, according to wealth manager Rathbones.

Rising compliance and portfolio management demands are reducing the time financial advisers can spend addressing clients’ concerns about their financial affairs.

Financial Planners at wealth manager Rathbones have reported a surge in client queries about estate planning amid concerns of possible changes to the IHT regime in the forthcoming Budget.

Those earning over £100,000 could face paying over £7,000 in extra income tax if the current freeze on tax thresholds - due to end in 2028 - is extended to 2030, according to a new report. 

Rathbones is to launch a new ‘true active’ model portfolio service range as the first in a series of new offerings following its merger with Investec Wealth & Investment.

Nearly one in 10 estates liable for inheritance tax paid more than £500,000 in the latest available year, with the number expected to soar from April 2027 when unused pensions are set to be included in IHT calculations.

Chancellor Rachel Reeves’ raft of financial services reforms announced in her Mansion House speech last week have provoked a range of reactions from the financial services sector.

Robert Hughes-Penney, investment director at Rathbones and CISI Chartered Fellow, has been elected as Sheriff of the City of London.

More people are managing their wealth through active, bespoke investment management services offered by Financial Planners and advisers, according to new research.

Retail investors may be failing to understand key issues with passive fixed income funds and are risking potentially significant under-performance, according to a new report.

Demand for bespoke investment services is rising as investors want a wider choice for their savings, according to a new study.

Charity leaders expect their investment risk appetite to increase in the next two years with four fifths - 81% - agreeing that is the case, although many fear a market correction.