The industry has given a mixed review to news that Chancellor Rishi Sunak has asked The Office of Tax Simplification to carry out a review of Capital Gains Tax.

The number of families who have reclaimed inheritance tax due to falling share prices has soared in the past two years, new figures have revealed.

The Chartered Insurance Institute has extended the term of its President Nick Turner after being forced to delay its annual AGM due to the Coronavirus outbreak.

The average inheritance tax bill reached almost £200,000 in the last tax year - up £60,000 in five years, according to analysis of HMRC receipts by financial advice firm and insurer NFU Mutual.