There are five times as many additional taxpayers now compared to when the 45p rate was introduced in April 2010.
There will be a 'Spring Statement silence' on pensions this week when the Chancellor provides her latest update on the UK’s finances on Wednesday (26 March), pension provider Aegon has predicted.
Pension provider Phoenix has confirmed that it is planning to launch a retirement advice service through its Standard Life brand although it has yet to reveal when.
Defined benefit pension transfer activity has fallen to its lowest rate since the XPS Group’s Transfer Activity Index was established in 2018.
The latest issue of Financial Planning Today magazine is now available to read and is packed with tips and insights for Financial Planners, Paraplanners, Wealth Managers and IFAs.
Expanding Chartered Financial Planner Lumin Wealth has acquired the mortgages arm of RBS Associates for an undisclosed sum.
The FCA has today launched a wide-scale review of the £4.85bn protection insurance market and whether commissions paid on products affect consumer outcomes.
The government’s inheritance tax take continues to rise rapidly and is up £800m on last year to £7.6bn, according to latest government data out today.
Over seven in ten financial advisers (71%) are worried about the impact of pensions becoming liable for inheritance tax (IHT) from 2027, according to new research.