The number of teachers opting out of the Teachers’ Pension Scheme has climbed 14% to 13,112 during the past 12 months, data collected by the Department for Education has revealed.

Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.

Abrdn Wrap has added its first with profits fund to its platform, Wesleyan’s With Profits Growth Fund.

New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.