There are five times as many additional taxpayers now compared to when the 45p rate was introduced in April 2010.
Hargreaves Lansdown’s chief financial officer Amy Stirling is to leave the business after the imminent takeover of the company goes through.
The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium for £5.4bn has received court approval and shares in the firm are set to be delisted on Monday 24 March.
Annuity incomes have surged to a 16-year high as the market booms, according to the latest data from Hargreaves Lansdown’s annuity search engine.
More men take out stocks and shares ISAs than women, despite women holding the majority of ISAs, according to HMRC data.
We can expect the robust growth of annuities in 2024 to continue this year, with another potentially record year for sales possible, according to industry commentators.
Inheritance Tax (IHT) receipts rose £0.6bn (year on year) to £6.3bn for the period April to December 2024, according to the latest data from HMRC.
The average household is £31,546 short of the pension savings needed to give them a moderate standard of living in retirement, four times higher than five years ago.
The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.
Savers are throwing away more than £15bn in interest a year, according to new data.
Higher earners in Scotland will see a freeze on their income tax thresholds for the 2025/26 tax year at the same time as lower earners were given a 3.5% threshold increase in yesterday’s Scottish Budget.
A fifth (19%) of savers expect to be able to retire before the age of 60, according to a new report.
Platform provider Hargreaves Lansdown has launched a new online venture capital trust (VCT) investment service.
More than 50,000 power of attorney applications were rejected last year because of mistakes.
One in five (19%) people don’t know much they and their employer is contributing to their pension.
HMRC repaid £44.3m to savers who paid too much tax when first accessing their pension between 1 July and 30 September this year.
Rumours of a tax rise in the Budget have encouraged 16% of people to consider raiding their pension pots for tax-free cash, according to new research.
The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.
Chancellor Rachel Reeves is set to scrap plans to introduce a British ISA, according to widespread reports first circulated in the Financial Times.
After several delays, platform provider Hargreaves Lansdown (HL) has today accepted a £5.4bn consortium offer for the company.
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