The FCA has cancelled the Part 4A permission to carry out regulated business of Kent-based IFA The Pentagon Partnership (FRN: 627747).

Chancellor Rachel Reeves will outline plans for pension ‘megafunds’ this evening at her Mansion House speech as she seeks to increase investment in the UK.

The proportion of deaths subject to Inheritance Tax (IHT) could nearly double from 5.1% to 9.5% by the end of the decade after the Budget changes, Office of Budget Responsibility (OBR) figures appear to suggest.

The planned introduction of Pensions Dashboards in 2026 could mean losses from poor pension transfers costing savers over £2bn if they unwittingly move to higher charging plans, a provider has warned.

A Shropshire-based pension adviser - an appointed rep of failed firm Tenet Connect Limited - has itself been declared as failed by the Financial Services Compensation Scheme, opening the door to compensation claims.

Leicester-based WBR Group, a provider of SSASs and tax advice, has acquired SSAS administrator NM Perris & Co Ltd.

Assets under management rose 35% year-on-year to £19.95bn for investment manager and IFA support firm Tatton Asset Management for the six-month period ended 30 September.

The aggregate surplus of DB pension schemes increased to £485.1bn at the end of October, according to the latest Pension Protection Fund (PPF) 7800 Index.

More than two fifths (44%) of people in the UK have not written a will, nor are they currently in the process of doing so, according to new research.

Fulcrum Asset Management has received regulatory approval to launch its first commingled Long Term Asset Fund, which it expects to do so on 29 November.