Three fund managers have been jailed for a large-scale fraud which led to losses of $8.45m (£7.03m) which were meant for the people of Libya.

Inheritance tax receipts for April 2022 to January 2023 were £5.9bn, according to the latest HMRC figures published today.

The body of missing mortgage adviser Nicola Bulley was found on Sunday morning in the River Wyre, around a mile from where the mother-of-two was last seen.

Climate change and diversity will be the focus of investment managers during this year’s FTSE-listed companies AGM season, according to the Investment Association (IA).

Purchases of investment companies on adviser platforms grew 1% in 2022, compared to a 7% drop in purchases of all products, according to new data.

The number of people of working age who are retired is actually now lower than it was at the start of the pandemic, according to a new report.

The Financial Conduct Authority is seeking views on regulatory changes that might help the UK’s asset management industry, as well as better supporting the investors it serves and boosting competition.

The Financial Conduct Authority is in advanced confidential discussions with Link Group and Link Fund Solutions to determine whether the FCA’s proposed enforcement action against the latter can be resolved by agreement.

National IFA Continuum has expanded into Northern Ireland by recruiting Financial Planner Michael Kirkwood into the partnership.

Almost nine in ten (87%) advisers have built a relationship with their clients’ children or grandchildren, according to a new report from Abrdn.