From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.
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Budget: Inflation target to remain at 2%
- Wednesday, 30 October 2024
- Articles
Chancellor Rachel Reeves says the CPI inflation target will remain at 2%, the long-term Bank of England target.
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Budget: State Pension to rise 4.1% in April
- Wednesday, 30 October 2024
- Articles
The State Pension will rise by 4.1% in April when the Triple Lock is implemented in full, the Chancellor said today in her Budget.
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Budget: Employers' NI rises as tax take grows
- Wednesday, 30 October 2024
- Articles
Employers' National Insurance will rise from 13.8% to 15% in April but Employee National Insurance will remain unchanged, Chancellor Rachel Reeves announced in her Budget today.
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Budget: Non-dom exodus predicted as status is scrapped
- Wednesday, 30 October 2024
- Articles
Wealthy non doms living in the UK may head for the exit after the Chancellor announced she would end non-dom status, a law firm partner has warned.
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Budget: Planners expect 'complex advice' demand to rise
- Wednesday, 30 October 2024
- Articles
Financial Planners have mostly reacted with relief to the Budget but many have predicted the numerous taxation changes will fuel demand for advice.
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More than 1 in 2 IFAs question Labour competency
- Wednesday, 30 October 2024
- Articles
More than 1 in 2 IFAs (53%) question the economic competency of the Labour Government, a new poll has found.
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Nearly 220 claims against LEBC as firm defaults
- Tuesday, 29 October 2024
- Articles
The Financial Services Compensation Scheme today declared former national IFA, pensions and employee benefits firm LEBC Group Ltd (FRN: 760755) in default after receiving 218 claims against the firm.
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More than 160 attend PFS Graduation Ceremony
- Tuesday, 29 October 2024
- Articles
More than 160 Financial Planners and Paraplanners attended the annual Personal Finance Society’s Graduation Ceremony held in London recently.
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Foster Denovo acquires £500m AUM/A Midland adviser firm
- Tuesday, 29 October 2024
- Articles
Financial Planning-focused national adviser Foster Denovo has acquired East Midlands financial adviser firm 80Twenty.
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