Inheritance tax remains the top financial concern among wealthy Britons, followed by gifting without losing control and maintaining lifestyles, according to research from RBC Wealth Management.

Data and research provider Defaqto - which provides Engage Financial Planning software - has launched a pilot for new Consumer Duty Profiles for selected product providers in the personal pension, SIPP and adviser platform spaces.

Fast-growing Financial Planner and wealth manager Kingswood Group has completed the acquisition of Dublin retirement planning advice firm BasePlan through its Irish subsidiary Moloney Investment.

SIPP and Financial Planning firm Mattioli Woods has reported pre-tax profits leapt 60% to £7.6m in the six months ended 30 November 2023.

Wealth management trade association PIMFA will hold its first Women’s Symposium over two days at a hotel near Heathrow in April.

Family mortgage specialist Tembo has acquired Lifetime ISA provider Nude Finance.

There were 862,000 additional rate taxpayers last year - more than three and a half times as many as the year the rate was introduced.

The UK will have to increase the state pension age to 71 by 2050 to maintain the number of workers per retiree, according to a new report from the International Longevity Centre UK.

The UK’s SIPP market is close to topping £500bn invested and five million customers and could be a £1trn market by 2030, according to a new report published today.

National Financial Planner and wealth manager Evelyn Partners has appointed Declan Kirby as a Chartered Financial Planner for its Birmingham office.