Articles
Nationwide Building Society is to buy Virgin Money for £2.9bn to create a combined business serving 22.6m customers.
Spring Budget: Chancellor cuts NI by another 2pc
Written by Kat MitchellChancellor Jeremy Hunt has announced a cut to employees’ National Insurance from 10% to 8% from April as one of a raft of measures announced in his Spring Budget today.
Spring Budget: Concerns over reform of non-dom tax
Written by Kat MitchellChancellor Jeremy Hunt announced in his Spring Budget today that the Government will scrap and reform the tax status benefiting individuals who are non-domiciled in the UK.
Spring Budget: Chancellor pushes ahead with 'Pot for Life'
Written by Kat MitchellChancellor Jeremy Hunt has reaffirmed the Government’s plans to give people one ‘pension pot for life’, moveable from job to job, despite concerns shared by the financial advice industry.
Spring Budget: Chancellor introduces British ISA
Written by Kat MitchellThe Chancellor has announced the launch of a new British ISA and changes to ISA allowances as part of a raft of new measures introduced in his Spring Budget to boost investment in UK businesses.
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Elevation acquires £68m AUM West Midlands IFA
Written by Kat MitchellPrivately-owned IFA consolidator Elevation Financial Group has acquired West Midlands-based Thornton Claverley for an undisclosed sum.
Wealth manager Quilter has reported a 25% increase in adjusted profit in 2023 to £167m as Assets Under Management or Administration rose by £7.2bn to £103.4bn.
Average assets under management for Legal & General Investment Management fell 12% year-on-year in 2023.
One of the UK’s major annuity comparison services has reported a 60% surge in adviser annuity quotes in 2023 compared to 2022.