Retired household incomes rise above 2008 crash levels

Average income for retired households continued to rise following the economic downturn and has gone above the 2007/08 level – in contrast to non-retired households which have failed to get back to that same peak.

A national adviser firm has opened its 16th branch in 16 years.

Former IFP President Julie Lord is forming a new Financial Planning firm.

Cashflow modelling will be the backbone of a new Financial Planning firm, its managing director says.

Advisers have been warned they could face large fines under new plans to crack down on tax avoidance.

Income from Inheritance Tax has hit a record £4.7bn in the last year, analysis of HMRC figures has shown.

An adviser body has called for “fundamental change” in how the FSCS is paid for.

The first inflation figures for the period after the EU referendum have this morning shown the rate increased by 0.6% in the year to July 2016, compared with a 0.5% rise in the year to June.

Many Paraplanners are report writers “regurgitating information provided to them” because they don’t get given the chance to fulfil their remit, the founder of a new Paraplanning firm believes.

A passives-only managed portfolio service has been launched by AJ Bell.