Aviva Investors to close £400m property fund

Aviva Investors is to close its suspended £400m Aviva Investors UK Property Fund after a run of poor performance and uncertainty over its liquidity should investors seek to redeem investments en masse.

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Treasury to cut IHT red tape in Tax Day overhaul

The Treasury has published over 30 tax updates, consultations and documents, today on what has been dubbed Tax-Day - including plans to tighten tax rules on second properties and simplify inheritance tax red tape.

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Financial Planner Progeny buys law firm    

Expanding Financial Planning firm Progeny has acquired Leeds-based legal firm Watsons Law for an undisclosed sum. 

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FCA property fund shake-up gains support

The FCA's controversial open-ended property fund changes could be a sensible move long term, according to Cedric Bucher, CEO of property firm Hearthstone Investments.

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