Income from Inheritance Tax has hit a record £4.7bn in the last year, analysis of HMRC figures has shown.

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An adviser body has called for “fundamental change” in how the FSCS is paid for.

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The first inflation figures for the period after the EU referendum have this morning shown the rate increased by 0.6% in the year to July 2016, compared with a 0.5% rise in the year to June.

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Many Paraplanners are report writers “regurgitating information provided to them” because they don’t get given the chance to fulfil their remit, the founder of a new Paraplanning firm believes.

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A passives-only managed portfolio service has been launched by AJ Bell.

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HMRC has revealed plans this morning for a ‘digital tax system’ that will mean the annual tax return as we know it will be abolished by 2020.

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A Financial Planning business has struck an alliance deal with a discretionary investment management firm.

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Advisers are focusing on locking in the so-called Brexit bounce for retirement savers, amid concerns that stock markets could be heading for a significant correction this year, a poll suggests.

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Pension freedoms amnesia: Some to run out of money too fast

A minority of pension holders appear to have forgotten why they saved in the first place, an analyst says, after new data showed they might run out of money in less than a decade.

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Rory Percival, the FCA technical specialist, is leaving the regulator, it was revealed this afternoon.

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