Chancellor Rachel Reeves is reportedly considering cutting the tax-free pension commencement lump sum in a bid to save more than £2bn a year for the Treasury.

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HMRC has warned users of its Self Assessment system to remain vigilant to scams that claim to be from the department.

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Those earning over £100,000 could face paying over £7,000 in extra income tax if the current freeze on tax thresholds - due to end in 2028 - is extended to 2030, according to a new report. 

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Aegon’s adviser platform saw a drop in net outflows to £1,447m in the first half of 2025.

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The Society of Pension Professionals has called for pensions automatic enrolment to be extended to the self-employed.

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Thursday, 21 August 2025
Articles

HMRC collected inheritance tax (IHT) receipts of £3.1bn in the first four months of 2025/26, an increase of £229m (8%) compared to the same period in 2024/25 (£2.8bn).

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Adviser platforms reported their strongest quarterly net sales figures in three years in the second quarter, according to new data.

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Hoxton Wealth has launched a three-year Financial Planning training programme called the Financial Planner Pathway.

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675-member Waltham Forest Council Employee Credit Union Limited (FRN: 213408) has gone into administration and been declared in default by the Financial Services Compensation Scheme (FSCS).

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Aberdeen has agreed to sell Aberdeen Financial Planning to Ascot Lloyd for an undisclosed sum.

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