Inheritance tax receipts for April 2021 to January 2022 rose £0.7bn year on year to £5bn, an increase of over 16%.

Financial Planning and professional services firm Progeny is to acquire Chartered Financial Planning firm RU Group.

Acquisitive Chartered Financial Planning firm Fairstone has hit £100m of revenues and secured its third acquisition of the year.

AJ Bell has opposed FCA plans for a default investment fund for non-workplace pensions.

The average stocks and share ISA provided a return of 6.92% over the past 12 months - well down on the 13.55% seen in the previous 12 months.

The acquisitive Financial Planning and wealth management firm Kingswood has today completed its deal to buy South-Yorkshire-based DJ Cooke (Life & Pensions) in a deal worth £1.5m.

Just under a third (30%) of over-55s with a defined contribution pension plan to release equity from their home to help fund retirement plans.

Liontrust’s David Roberts is to retire from fund management in August following a 34-year career managing fixed income funds.

Protection provider LV= has made its payment break option permanent.

The Financial Conduct Authority has refused RTC Management Solutions Ltd’s application to be authorised as it continues its crack down of claims management companies (CMCs).