Capital Gains Tax (CGT) receipts rose 43% to £14.3bn for the 2020/21 tax year, according to data from HMRC this morning.
Read more ...Phoenix Group to acquire Sun Life in £248m deal
- Thursday, 04 August 2022
- Articles
Savings and retirement provider Phoenix Group is to acquire closed-book UK life insurer Sun Life UK in a deal worth £248m.
Read more ...Nucleus hires from digital insurer as two CFOs depart
- Thursday, 04 August 2022
- Articles
Adviser platform Nucleus has appointed Mike Regan as chief financial officer.
Read more ...1 in 3 savers worry about lost pensions
- Thursday, 04 August 2022
- Articles
Nearly one in three pension savers (28%) are worried about keeping track of all their retirement savings pots, according to a new report.
Read more ...Fraudster guilty of £226m Harlequin Group scam
- Wednesday, 03 August 2022
- Articles
A jury at Southwark Crown Court has today found guilty David Ames, 70, one of the key figures behind the extensive £226m Harlequin fraud which conned many pension investors.
Read more ...Pension regulator steps up scam fighting efforts
- Wednesday, 03 August 2022
- Articles
The Pensions Regulator (TPR) has launched a new three-pronged scam prevention strategy as concerns over rising vulnerability amongst pension savers continue to rise.
Read more ...FCA to tighten appointed rep rules this year
- Wednesday, 03 August 2022
- Articles
The Financial Conduct Authority is to implement new rules to make authorised firms more responsible for their appointed representatives (ARs) from December.
Read more ...Expansion plans for IFA My Pension Expert
- Wednesday, 03 August 2022
- Articles
At-retirement IFA My Pension Expert (MPE) has received FCA approval to accept a “significant investment” from Palatine Private Equity to fund its expansion plans.
Read more ...Advisers urge removal of ‘emergency’ drawdown tax
- Wednesday, 03 August 2022
- Articles
Almost 50 financial advisers have said that removing emergency tax on income drawdown payments would top their wish list for simplifying pension planning.
Read more ...M&G Wealth to acquire national IFA Continuum
- Wednesday, 03 August 2022
- Articles
Fund manager and wealth manager M&G is to acquire the national IFA firm Continuum (Financial Services) for an undisclosed sum.
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