The FSCS, the government-backed financial safety net scheme, has published a series of case studies to warn consumers about the potential risks of consolidating pensions into one plan.

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Inheritance Tax receipts rose by £400m year on year to £3.9bn in the latest half year from April to Sept - continuing the rapid upward trend seen in recent years, according to the latest data from HMRC.

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The number of newly-opened complaints about decumulation and pensions in the first half of 2023 was up 20% year on year, according to new data from the FCA.

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M&G is to suspend and wind up its troubled M&G Property Portfolio Fund and sister fund, the M&G Feeder of Property Portfolio.

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Wealth manager and Financial Planner Quilter has added a new online consumer panel as part of its response to the FCA’s new Consumer Duty.

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Total assets under management rose 19.8% year-on-year to £14.78bn for investment manager Tatton Asset Management for the six months ended 30 September.

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Global Financial Planning professional body The Financial Planning Standards Board has added a new award recognising individuals for their outstanding contributions to the profession.

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Advised customers increased 10% year-on-year to 159,256 at platform and SIPP provider AJ Bell for the year ending 30 September.

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Investment provider Hargreaves Lansdown has reported client numbers rose by 8,000 to 1.812m in the latest quarter, according to a trading update issued today.

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Accountancy professional body ICAEW has partnered with technology firm RQ to launch an online platform enabling Chartered Accountants and Financial Planners to refer clients.

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