Assets under management rose 15% to £170bn for Aviva’s wealth arm for the year ended 31 December 2023 despite a drop in net flows.

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Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt on 6 March 2024 (transcript of the speech, exactly as it was delivered)

 

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Nationwide Building Society is to buy Virgin Money for £2.9bn to create a combined business serving 22.6m customers.

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UK retail savers took £24.3bn out of investment funds in 2023, according to the latest data from the Investment Association.

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Chancellor 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.

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Chancellor 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.

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Chancellor 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.

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The 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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Privately-owned IFA consolidator Elevation Financial Group has acquired West Midlands-based Thornton Claverley for an undisclosed sum.

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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.

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