Inheritance tax (IHT) receipts rose 14% to £6.1bn in the 2021/22 tax year, the largest single-year rise since 2015/16.

Total revenue for fintech and support services firm Fintel grew 2% to £32.3m (HY21: £24.9m) for the half year ended 30 June.

In this exclusive Guest Column for Financial Planning Today, Andy Agathangelou, founder of the Transparency Task Force, looks at why regulation is failing to protect consumers, the human misery caused by financial crime and how Financial Planners can help. 

Callan Anderson, founder and owner of boutique Financial Planning firm Equilibrium Financial Consultancy, has sold the firm’s client book to Evelyn Partners.

Wealth manager St James’s Place has reported a fall of nearly £12bn in Funds Under Management for the six months ended 30 June.

Marvell Enterprises Limited has been declared under investigation by the Financial Services Compensation Scheme (FSCS).

The FCA has launched a new section on its website to give regulated firms regularly updated guidance on helping clients hit by the cost of living crisis.

Hurst Point Group has agreed to acquire Financial Planner and wealth manager Metis Wealth and Metis Asset Management.

SIPP provider Curtis Banks has added new tools and calculators to help Financial Planners tackle complex pension calculations.

Financial Planners have mostly welcomed the FCA's new Consumer Duty but one leading Financial Planner has shared concerns about how the new rules will be enforced.