Wealth manager and Financial Planner Tilney Smith & Williamson has taken office space for up to 150 staff in a landmark office building in Birmingham as it plots Midlands expansion.

Nearly one in three (31%) over-55s have never checked how Inheritance Tax (IHT) could hit their life savings, according to a new study.

The FCA has provisionally fined pension transfer financial adviser Geoffrey Edward Armin £1.28m for a number of advice failings.

Online investment platform Hargreaves Lansdown saw pre-tax profits dip by 3% over the past year but reported clients numbers surging by 233,000 to a record 1.645m.

Young Financial Planner Ravi Prema, who qualified as a Chartered Financial Planner at 23 years old, is being lined up to take over the family-run financial advice business Prema Financial Services. 

The annual conference of the Paraplanners Assembly community will go virtual for the second year in a row in September and adopt a space theme.

Six Nucleus directors have stood down from the company today as the takeover of the business by James Hay is completed creating a platform managing £47bn in funds.

The first half of 2021 saw total net retail fund sales of £24bn, the highest level of half-year sales since 2017.

The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, despite rising inflation fears.

Acquisitive financial adviser group Tenet has acquired Leeds-based wealth management firm Astute Financial Advisers Ltd.