Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.

National financial adviser group LEBC has reported annual turnover up 17.5% to £18.1m and a trading profit of £3m, up 42.8%.

Latest figures from the Financial Ombudsman Service suggest SIPPs complaints in the current Ombudsman year will be 25% up on the previous year.

Industry experts have welcomed Chancellor Philip Hammond asking the Office of Tax Simplification to review Inheritance Tax, a move that could pave the way for reform.

Financial Planning and wealth management firm Beaufort Group has set up a new appointed representative firm in partnership with a wealth manager.

One in four employers (27%) is planning to launch financial education initiatives for staff in the next three years, according to new research covering more than 2,000 employees.

Financial and platform provider Zurich has revealed a UK staff gender pay gap of 28% and pledged to do more to help it achieve gender equality.

The Personal Finance Society has pledged its full support to the latest campaign by the FCA to warn consumers about the growing threat of online investment fraud.

The FCA says the dangers of binary options investment fraud are growing with over £87,000 lost to binary options scams every day in the UK.

AFH, the rapidly growing Financial Planning and wealth management group led by Chartered Financial Planner Alan Hudson, has reported full year revenues up 39% to £33.6m and profits after tax up 83% to £3.1m in its latest financial year.