A father and son duo behind a failed SIPP firm - which saw investors hand over nearly £92m - have been banned as directors after repaying themselves over £1.3m ahead of creditors.

A damning report from the National Audit Office out today has revealed that 134,000 state pensioners were underpaid by an average of £8,900 each - with some underpayments dating back to 1985.

Joanne Lake, chairman of wealth manager and SIPP provider Mattioli Woods, is to step down next month.

Women are now almost twice as likely as men to feel ‘on the back foot’ on retirement planning as the Coronavirus pandemic battered their confidence, according to a new report.

One of the UK’s biggest Paraplanning events is considering a return to a live event next year - but with the option for attendees to take part virtually instead.

Inheritance tax receipts rose 35% between April and August, up a third year on year, with Covid-19 deaths a potential factor in the increase.

Fintel, owner of SimplyBiz and Defaqto, saw revenues up 10% year on year to £31.7m in the first half of 2021.

Wealth manager and SIPP provider Mattioli Woods is hunting for more acquisitions despite reporting a drop in profits .

Private equity firm Oaktree has acquired Sanlam Wealth UK from its South African parent company for £140m.

Wealth manager and Financial Planner Tilney Smith & Williamson has recruited Charlotte Fairhurst from Octopus Investment to help it build professional connections in London and the South East.