Financial Planner and wealth manager Tilney has continued its focus on Scotland with a new hire.

Wealth manager and Financial Planner Close Brothers Asset Management has bolstered its investment offering in Scotland with the hire of two new managing directors.

New research suggests that 20% of parents – 6.9m mums and dads – have transferred assets to their children early to mitigate inheritance tax.

Glasgow-based SIPP firm @sipp has announced a two-fold increase in profits for the year ended 31 March.