Around two thirds (60%) of UK savings accounts fail to beat the Bank of England Base Rate of 3.75%, according to Moneyfacts figures.

IFA consolidator Absolute Financial Group has acquired Devon IFA HR Independent Financial Services for an undisclosed sum.

The FCA will publish proposals this week to simplify pension advice rules with the aim of expanding access for consumers while reducing complexity for firms.

Two GAM activist investors have today called for Liontrust Asset Management to sell the business to the highest bidder after claiming the firm is “significantly undervalued.”

Inheritance tax has continued its upward trajectory with receipts for the 11 months April 2025 to February 2026 of £7.7bn, £0.1bn higher than the same period last year.

The FCA has revoked the regulatory permissions of Bath-based Financial Planning firm Nicholas Corfield (trading as Impact Financial Planning and Formosa Wealth Management).

Nearly half of IFAs (46%) believe that the introduction of Targeted Support from April will make consumers more likely to seek independent financial advice, according to a new poll from Opinium.

The Succession Alliance taskforce has added five new board members from Loyal North, 7IM, MKC Wealth and Quilter.

Quilter has launched a new Quilter Investors Long-Short Equity Fund, managed by JP Morgan Asset Management.

The Bank of England’s Monetary Policy Committee (MPC) has kept the base rate at 3.75% today, the same as its last review in February.