SIPP provider Corporate & Professional Pensions Limited has entered into administration following a number of complaints upheld by the Financial Ombudsman Service on pension transfers.

The Financial Services Compensation Scheme has warned LCF bondholders about scam emails claiming to be from a director of LCF.

Inheritance tax receipts rose 33% year on year between April and June to £1.5bn, according to recent data published by HMRC.

The administrators of troubled wealth firm Dolfin Financial (UK) Ltd have agreed terms for 280 client agreements to be transferred to Britannia Global Markets.