Chancellor Rishi Sunak is to revamp the pension taper rules which have deterred some high earners in the NHS from working extra hours.

Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief but cut it from £10m to £1m.

Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.

Wealth manager and Financial Planner Sanlam UK has made two senior appointments at its Harrogate office and plans to expand the hub further.

Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.

SimplyBiz, a provider of compliance and business services to financial advisers, has reported 2019 group revenue up by 24% to £62.8m following the “successful” acquisition of data and ratings provider Defaqto.

The Financial Planning Standards Board, the international Certified Financial Planner standards body, is aiming to have 250,000 CFP holders by 2025 - an increase of 62,000 over the next five years.

Two of the world’s biggest financial businesses are to combine with Aon buying rival Willis Towers Watson for £23bn.

Women are facing retirement with pension pots up to 50% less than men in some UK regions and an average pension gap of 39%, according to a new study.

Defined benefit pension transfer values rose in February with Coronavirus fears spurring the rise, according to the XPS Transfer Watch Index, a monthly study of transfer values.