Articles
Sky News is reporting that private equity firm Cinven is close to sealing a deal to buy North East-based wealth manager and Financial Planner True Potential.
The Government will abandon its Triple Lock on pensions for one year, effectively reducing it to a double lock, to avert an increase in the State Pension of up to 8%.
Planners react as PM announces dividend and NI rises
Written by Kat MitchellThe Prime Minister has announced rises to dividend and share tax and a rise in National Insurance from April 2022 to address the funding crisis in the health and social care system.
Fintuity expands ahead of virtual adviser launch
Written by Kat MitchellDigital IFA disruptor Fintuity has appointed a new chief operating officer and expanded its IFA team by 60% as it prepares for the launch of its virtual adviser proposition.
Over 325,000 gained protection from LTA breaches
Written by Kat MitchellOver 325,000 people have successfully applied for protection against breaching the Lifetime Allowance, according to a Freedom of Information response.
More...
FCA warns firms against use of digital tokens
Written by Kat MitchellCharles Randell, chair of the Financial Conduct Authority (FCA), has warned regulated businesses of the dangers of dabbling in digital tokens such as cryptocurrency.
Over 15m (78%) non-retired, married people have no idea about the value of their spouse’s pensions, according to a new report.
Tavistock hits £1.23m profit as performance turns around
Written by Kat MitchellWealth manager and Financial Planner Tavistock Investments has posted a £1.23m profit for the year ending 31 March, in contrast to the £5.5m loss the previous year.
David Ferguson, CEO and founder of adviser platform Nucleus, is to step down from the company following its takeover by rival James Hay.