Experts have backed the notion that Chancellor Sajid Javid could scrap Inheritance Tax.

1825, Standard Life’s wholly owned Financial Planning and advice business, has revealed that it will acquire the wealth advisory unit of Grant Thornton UK LLP.

Financial Planning firm 1825’s proposed robo-adviser for retirement options has been added to the FCA sandbox.

Standard Life’s Financial Planning division 1825 is to acquire Cumberland Place Financial Management in London, a Chartered Financial Planning firm with assets under advice of £400m.