Underlying profit before tax rose 18% year-on-year to £17.1m (H1 FY23: £14.5m) for wealth manager and Financial Planner Brooks Macdonald for the six months ended 31 December.

Platform and investment provider Fidelity International is believed to be considering up to 1,000 job cuts as the firm re-evaluates its cost base, according to reports.

Financial Planners have expressed disappointment that frozen income tax and inheritance tax thresholds were not addressed in yesterday’s Budget.

Adviser clients say that “reputation and credibility” were their key factors when choosing a financial adviser, according to a national survey of 2,100 consumers.

Assets under management rose 15% to £170bn for Aviva’s wealth arm for the year ended 31 December 2023 despite a drop in net flows.

Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt on 6 March 2024 (transcript of the speech, exactly as it was delivered)

Nationwide Building Society is to buy Virgin Money for £2.9bn to create a combined business serving 22.6m customers.

UK retail savers took £24.3bn out of investment funds in 2023, according to the latest data from the Investment Association.

Chancellor Jeremy Hunt has announced a cut to employees’ National Insurance from 10% to 8% from April as one of a raft of measures announced in his Spring Budget today.

Chancellor Jeremy Hunt announced in his Spring Budget today that the Government will scrap and reform the tax status benefiting individuals who are non-domiciled in the UK.