M&G Wealth has added a Capital Gains Tax (CGT) tool to its platform enabling advisers to carry out complex calculations and test different planning scenarios for clients.

M&G’s full year results for 2022 reveal that the firm paid £73m for wealth manager and Financial Planner Sandringham Financial Partners.

Fintech and platform engine provider Bravura Solutions plans to downsize its UK offices as part of a global cost-cutting exercise, with some offices set to be cut altogether in Australia and New Zealand.

UK inflation eased for a third month in a row in January, with CPI falling 0.6% for the month.