A year on since the increase in the pensions’ annual allowance, the majority of HNW individuals (HNWIs) (56%) are failing to utilise the extra £20,000 allowance available to them, data compiled by the Saltus Wealth Index Report has revealed.

Wealth manager and Financial Planning firm Saltus has appointed former Hiscox chief executive Bronek Masojada as chairman to support the firm’s growth agenda.

Financial Planners have expressed disappointment that frozen income tax and inheritance tax thresholds were not addressed in yesterday’s Budget.

High Net Worth investors - those with assets of more than £250,000 - expect Labour would if a general election if it was held this week, according to new research.