The Serious Fraud Office has won a £928,479 confiscation order against former IFA and investment manager David Kennedy who was involved in a £100m fraud which saw hundreds of victims cheated.

Inheritance tax (IHT) receipts for the government were up £84m year on year to £5.8 billion in the first eight months of the 2025/26 tax year, according to HMRC data out today.

The Bank of England’s Monetary Policy Committee (MPC) voted today to cut its base rate from 4% to 3.75% in a widely expected move.

Perspective Financial Group has completed its largest acquisition to date with a deal to buy Midlands-based £400m AUM Prosser Knowles Associates Ltd.

Financial Planning firm Finli Group has struck deals to acquire three advice firms as it notches up a total of 21 acquisitions so far this year.

Fast growing whole of market Financial Planner and wealth manager Perspective Financial Group has completed three acquisitions of financial advisory businesses.

HMRC has warned taxpayers to be vigilant after receiving more than 4,800 reports of Self Assessment scams since February.

Former Pensions Minister Sir Steve Webb, a partner at retirement consultancy lcopLCP, has warned that axing or significantly diluting the pensions Tripe Lock would mean an additional 10m pension savers will face an “inadequate” pension.

The Chartered Institute for Securities & Investment (CISI), the professional body for Certified Financial Planners, has selected Rholo Mba Chartered FCSI as President of the CISI’s Jersey branch.

IntegraFin Holdings, the parent company of adviser platform Transact, has today reported full year profits up 7% to £75.4m thanks to strong growth in earnings.