Inheritance tax receipts reached £2.3bn between April and June, up £96m on the same period last year, according to new figures issued by HMRC today.
Fast growing Financial Planning firm Perspective Financial Group has acquired Glasgow-based Phoenix Wealth Solutions for an undisclosed amount.
New Chancellor John Healey has been urged to focus on economic growth by financial experts.
Cross-border Financial Planning specialist Skybound Wealth has appointed former Scotland international footballer Christophe Berra as a private wealth adviser in its athletes and creators division.
Guildford alternative investment manager Prosper Capital LLP (FRN: 453007) went into creditors’ voluntary liquidation on 1 June.
The Women’s Wealth Alliance (WWA) has launched a new guide to encourage more women to see careers in personal finance and Financial Planning as accessible, flexible and rewarding.
The Financial Ombudsman Service has appointed Jenny Simmonds as permanent CEO and James Dipple-Johnstone as permanent Chief Ombudsman.
A Suffolk-based adviser and former STEP member, Steven Long, has been jailed for eight years and four months after pleading guilty to two counts of fraud by abuse of position after he and an associate helped themselves to client money which should have been placed into trusts.
The government has been urged to create a national framework for measuring retirement adequacy, built around a minimum income threshold and target replacement rates.