Aviva’s adviser platform has built up assets under management to £32bn, according to the insurance and investment provider’s annual results.
Leading Financial Planners and wealth managers expect only modest changes from the Budget which most see as neutral or mildly positive.
Former Pensions Minister Sir Steve Webb, now a consultant at pensions firm LCP, says that papers published alongside today’s Budget reveal a “mind numbing” £3bn repayment to underpaid women on state pensions.
The Budget 2021 speech as delivered by Chancellor Rishi Sunak in the House of Commons today:
The Personal Finance Society has welcomed the extension of business support measures in Chancellor Rishi Sunak’s Budget today but says more needs to be done to rebuild the resilience of individual savers who have been hammered by the pandemic.
Leading pensions experts have criticised the Chancellor’s move to freeze the pensions Lifetime Allowance (LTA) at £1,073,100 until April 2026.
Chancellor Rishi Sunak has avoided increasing income tax rates, as some feared, but has frozen income tax and other thresholds until 2026 meaning people will likely pay more tax as earnings rise.
Chancellor Rishi Sunak announced plans in his Budget today to raise Corporation Tax from 19% to 25% from 2023.
Private bank and Financial Planning firm Brown Shipley has promoted Rebecca Williams to head of wealth planning with immediate effect.
US wealth management fintech AssetMark Financial Holdings has acquired cashflow modelling software firm Voyant in a £104m deal.