The London Institute of Banking & Finance has revamped its Level 4 Diploma for Financial Advisers (DipFA) and scrapped the requirement for a final exam.

The amount of inheritance tax paid on gifts has climbed more than 153% since 2011 to £256m in the 2020-21 tax year, according to an HM Revenue & Customs response to an Freedom of Information (FOI) request.

Sussex and South East accountancy firm and Financial Planners Carpenter Box has merged its south coast operations with Jones Avens accountants.

The Chartered Insurance Institute has appointed Legal Services Board chief executive Matthew Hill as its new group chief executive, joining in April.

Scottish wealth manager and Financial Planner Aberdein Considine has appointed Ross Leckridge as a Chartered Financial Planner for the newly-created Edinburgh division of its Financial Planning team.

The over-90s population in England and Wales grew by 2.1% over 2022 to a record high of 550,835 people, according to data from the Office for National Statistics.

The Institute for Financial Wellbeing (IFW), a non-profit body encouraging financial wellbeing, is to launch a new monthly YouTube show - The Financial Wellbeing Show - on Monday to coincide with ‘Blue  Monday’ - often cited as the ‘most depressing day of the year.’

The Financial Services Compensation Scheme plans to increase its workforce by about 25% by 2024/25 to cope with a surge in complex cases, the body has confirmed to Financial Planning Today.

National Chartered Financial Planning-focused firm Fairstone has revamped its client charging structure and cut its ongoing charge for standard clients by 20 basis points to 0.8%.

The number of defined contribution pension transfers in 2023 soared by 22% to 1.2m despite predictions of a decline in the market.