Financial Planners have been reacting to today’s Budget.

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

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

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

Thesis Asset Management has hired a new duo for its private client team including a Fellow of the Chartered Institute for Securities.

Adviser directory Unbiased has stressed that it is treating errors on its website ‘very seriously’ after some incorrect uses of Chartered Financial Planning titles were uncovered.

Nearly half of advisers think clients are being overcharged, a report suggests.

The FCA is planning to update the methodology used to calculate redress owed to consumers given unsuitable advice to transfer out of a defined benefit pension scheme.

Advisers have almost wholeheartedly backed SSASs despite calls for a ban.