IHT receipts leap £400m to £7.5bn

New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.

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Nucleus buys white label platform firm

Adviser platform Nucleus has signed a deal to acquire Third Financial, a provider of white label investment platforms and software.

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Nucleus cuts wrap platform charge

Adviser platform and SIPP provider Nucleus has trimmed its standard annual Wrap platform charge by three basis points for holdings between £200,000 and £500,000.

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Nearly half of over-50s have no retirement plan

Almost half of peopled aged over 50 do not have a detailed retirement plan while only 16% of UK adults are ‘totally confident’ they have enough money to retire in comfort, according to a new UK Retirement Confidence Index.

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