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Wednesday, 15 March 2023 08:48

Kingswood warns of £6.1m revenue drop

Rapidly expanding wealth manager and Financial Planner Kingswood Holdings has warned that 2022 revenue is likely to be down 3.9% year on year to £143.6m.

Chancellor Jeremy Hunt is expected to deliver a 'Back to Work' Budget at lunchtime today when he unveils his first Budget since becoming Chancellor.

 

The number of early retirees fell to 1.1m in the period November to January - down 7% in six months.

Increasing the Lifetime Allowance (LTA) to £1.8m - a move predicted by some experts for tomorrow's Budget - could lead to a surge in business for financial advisers, a former Pensions Minister has predicted.

Platform and investment analyst Fundscape predicts that 2023 will be another tough year for platforms after a dismal 2022.