Knaresborough-based Financial Planning firm Prosperis has acquired Newcastle-based IFA Stephen McDine Ltd for an undisclosed sum.

Changes to the inheritance tax (IHT) system could be a vote winner for politicians at the next election as IHT receipts continue to rise, according to Financial Planners.

Financial Planners have told Financial Planning Today that they expect a rise in wealth management and financial advice M&A deals this year.

IFA Prosperis has acquired Yorkshire-based Financial Planning firm AJ Hird for an undisclosed sum.