Capital Gains Tax (CGT) receipts rose 43% to £14.3bn for the 2020/21 tax year, according to data from HMRC this morning.

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Savings and retirement provider Phoenix Group is to acquire closed-book UK life insurer Sun Life UK in a deal worth £248m.

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Adviser platform Nucleus has appointed Mike Regan as chief financial officer.

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Nearly one in three pension savers (28%) are worried about keeping track of all their retirement savings pots, according to a new report.

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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.

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The Pensions Regulator (TPR) has launched a new three-pronged scam prevention strategy as concerns over rising vulnerability amongst pension savers continue to rise.

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The Financial Conduct Authority is to implement new rules to make authorised firms more responsible for their appointed representatives (ARs) from December.

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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.

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Almost 50 financial advisers have said that removing emergency tax on income drawdown payments would top their wish list for simplifying pension planning.

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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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