Financial Planners are warning company owners over the ‘significant impact’ that a surprise cut in the dividend allowance is likely to have.

A Chartered Financial Planning firm has taken on a new trainee Paraplanner who bosses aim to elevate to Chartered status.

The term Financial Planner has been enshrined in law in Australia, cementing it a recognised profession.

Financial Planners are unhappy that the Chancellor has ploughed ahead with the cut of the Money Purchase Annual Allowance.

The Chancellor Phillip Hammond pledged on Wednesday to build “a stronger, fairer, better Britain, outside the EU”, in his first Budget.

Chancellor Phillip Hammond is making his first November Budget today as he moves the annual Budget to the end of the year. Follow our liveblog here as we cover the news and analysis from leading experts during the day and asking what it will mean for Financial Planners and their clients.

Chancellor Philip Hammond says he will introduce “a tough new financial penalty” from July on financial professionals who “enable” a tax avoidance scheme that is later challenged and defeated by HMRC.

Financial Planners have been reacting to today’s Budget.

Chancellor Philip Hammond is to impose a 25% tax charge on pension transfers to QROPS pension schemes from tomorrow (9 March).

The Chancellor today labelled the rules around National Insurance contributions for the self-employed as unjustified and announced plans to change them.