Phil Billingham: We need to tackle the 'distribution' gap

The ‘Advice gap’ continues to crop up in the news, whether by way of being a problem for Artificial Intelligence to solve, or the source of regret from retiring consumers who did not, or could not, get timely and useful advice at a critical time in their lives.

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AMPS warns of HMRC rejecting SSAS approvals

SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has warned that an increasing number of Small Self-Administered Schemes (SSAS) approvals are being rejected by HMRC.

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IHT receipts leap £400m to £7.5bn

New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.

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HMRC set to issue revised rules on LTA abolition

HMRC has said that it intends to issue a second set of regulations changing the legislation governing the lifetime allowance abolition.

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