They say the only things certain in life are death and taxes. What they never said was that one day the vast majority of UK workers would end up paying higher rate 40% income tax on their earnings, a levy almost unimaginable a few years ago.

FCA CEO Nikhil Rathi received a 4.4% pay increase in the past year, pushing his total salary and pension package up from £559,000 to £577,000, according to the FCA’s 2025-26 Annual Report and Accounts published this week.

In the past tax year (2025/26) HMRC has instigated prosecutions for tax evasion against 1,100 individuals alleged to have committed wrong who are now awaiting trial, according to new analysis.

Wealth manager Mattioli Woods has hired Sheelagh Bailey as chief information officer.

The FCA's international crackdown on illegal 'finfluencer' promotions resulted in three arrests over the past year and 650 social media 'takedown' requests, according to the FCA's annual report and accounts published today.

Scottish central belt-based SRB Financial Planning has joined adviser network Quilter Financial Planning as a strategic partner firm.

Aviva has added technology from Ortec Finance to help Financial Planners working in its Aviva Financial Advice proposition deliver Targeted Support.

Financial Planning fintech EV has appointed former managing director Chet Velani as its new CEO.

Lucy Bristow has been appointed chief operating office of national Financial Planning firm One Four Nine Group.

Financial Planner and wealth manager Brooks Macdonald will no longer charge fees on cash in its discretionary funds.