Two senior executives are to leave London-based wealth manager and Financial Planner Brooks Macdonald after the company announced today that it would combine its distribution and investment management teams.

HSBC has appointed Ida Liu as CEO of HSBC Private Bank.

Savers put £5.1bn into cash ISAs in November, following Budget concerns about the future of the annual allowance.

Nine in 10 advisers (88%) expect a rise in investment returns over the next decade, driven by an upward trend in equities, according to a new report.

Consolidator Verso Wealth Management has acquired Midlands-based Chartered Financial Planning firm Everlong Wealth Limited for an undisclosed sum.

A planned £2,000 Treasury cap on annual salary sacrifice contributions will cut pension investing, according to industry pensions body Pensions UK. 

Some 5.65m people have yet to file their self-assessment tax return despite the end-of-January deadline approaching, HMRC has warned.

New rules which came into force at the start of the year have made it harder for crypto investors to hide their gains from international tax authorities.

There’s been a surge in end of year tax demands with more than 1.3m being contacted by HMRC in 2023/24, nearly double the number just two years earlier.

Increasing the amount they invest is the most common financial resolution for the New Year (20%) while 19% of investors plan to speak to a financial adviser about their investments.