HMRC has warned UK taxpayers that they must declare any foreign income or profits on offshore assets by 30 September to avoid higher tax penalties.

The Bank of England has today decided to raise the base rate from 0.5% to 0.75%, the highest it has been since 2009.

Clients of Beaufort Asset Clearing Services are set to get money and assets returned to them after a High Court ruling.

There are now two ways to view the latest edition of Financial Planning Today magazine - with a new enhanced viewing option available from this issue. 

Aviva’s adviser platform boosted assets under management by 11% in the first half of this year.

A record £5.2bn was received by HMRC in the last tax year and it is thought middle and working class families may also have to contribute in the future. 

Financial Planning and investment management group Tilney has hired two new Financial Planners to work at its Edinburgh office.

The Upper Tribunal has upheld an FCA decision to fine and ban Alistair Burns, chief executive of advice firm TailorMade Independent Limited, as it was confirmed that the FSCS compensation bill for his failed business could hit £106.5m.

London-based independent wealth manager Plurimi Wealth has appointed a new deputy chief executive.

National financial services and Financial Planning group AFH has from today scrapped platform fees for new clients.