Last year HMRC accrued £5.2bn of taxpayer’s money from Inheritance Tax alone - £400m more than the year before – and this figure is expected to rise to £6.5bn this year.
The Financial Services Compensation Scheme has compensated a further 754 clients of failed DFM firm Beaufort Securities, pushing the number so far paid out to 16,100.
A multimedia firm has created a new video which seeks to explain pension freedoms to clients.
The launch of the pensions dashboard could spark an increase in demand for advice as savers look to consolidate their pots, according to platform provider Zurich.
Defaqto has launched suitability report templates within its Financial Planning system, Engage Core.
Hargreaves Lansdown saw assets fall 6% in the half year ended 31 December amid “geopolitical uncertainty.”
Some victims of pension scams have lost more than £1m in savings each to fraudsters, new statistics have revealed.
Wealth management firm Perspective Financial Group has today revealed the acquisition of Newcastle-based IFA practice, Galloway Whitfield (Life & Pensions) Ltd.
Experts from across the financial sector have backed FCA plans to revamp the way pension investments work.
Schroders has appointed Gillian Hepburn who joins the UK Intermediary business as intermediary solutions director.