Almost two thirds (59%) of Britons find inheritance tax (IHT) rules confusing, according to new research.

The FCA and PRA have confirmed changes to the Senior Manager Certification Regime (SMCR), streamlining rules ahead of plans for wider changes which they claim will halve the SMCR’s regulatory burden on firms.

Core net inflows passed £3bn for the first time (£3.1bn) for wealth manager Quilter in the first quarter, a rise of 35% year-on-year, but were largely offset by market movements due to geopolitical events.

The FCA has urged principal firms to strengthen their oversight of inactive appointed representatives (ARs) following a supervisory review which found gaps in governance, reporting and consumer protection.

CPI inflation spiked up from 3% in February to 3.3% in March as the cost of fuel rose against a backdrop of conflict in the Middle East.

The FCA has announced the eight financial firms which will take part in its second cohort for AI live testing.

There is a stark generational divide in people’s financial resilience and outlook, according to a new study.

Financial Planning group One Four Nine has raised £40,500 for its inaugural Charity Partner of the year, Alzheimer’s Society and Alzheimer Scotland.

Members of the Personal Finance Society (PFS) have been offered the use of a new lounge in the offices of parent body the Chartered Insurance Institute (CII) on Old Broad Street in the City of London.

Fraud Minister Lord Hanson has urged pension trustees to do all they can to protect millions of scheme members from fraudsters.