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Planners concerned about surge in LTA penalties

Pension lifetime allowance (LTA) penalty charges surged by 21% in 2019-20 to £342m (2018-19: £283m), according to data released by HMRC.

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Covid-19 deaths help fuel surge in IHT receipts

Inheritance tax receipts rose 35% between April and August, up a third year on year, with Covid-19 deaths a potential factor in the increase.

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Planners comment on dip in over 50s employment

Employment rates for people between 50 and 64 have fallen slightly, according to a report released by the Government, but many industry experts and leading Financial Planners expect this to be a 'blip.'

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Lang cat recruits ex-HL exec Tom McPhail

Investment platform consultancy the lang cat has recruited Tom McPhail, the high profile former Hargreaves Lansdown pension spokesman and head of policy, to be its new director of public affairs.

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