The Financial Conduct Authority has banned Steven Hodgson and Paul Adams of Stockton-on-Tees-based Vintage Investment Services from advising customers on pension transfers and opt-outs.
Read more ...Kingswood raises extra £4m in debt funding
- Thursday, 31 October 2024
- Articles
AIM-listed acquisitive wealth manager and Financial Planner Kingswood Holdings has secured a £4m debt facility with an affiliate of private equity firm HSQ Investments Limited.
Read more ...Midlands pension adviser IWMP fails
- Thursday, 31 October 2024
- Articles
A Midlands-based pension adviser firm has failed and been declared in default by the Financial Services Compensation Scheme, the industry compensation safety-net.
Read more ...Private equity firm invests in £1.8bn AUM Bristol Planner
- Thursday, 31 October 2024
- Articles
UK private equity firm CBPE Capital LLP has made a “strategic investment” in Bristol-based wealth and pensions manager Clifton Asset Management.
Read more ...Budget: Inherited pensions face IHT from April 2027
- Wednesday, 30 October 2024
- Articles
From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.
Read more ...Budget: Inflation target to remain at 2%
- Wednesday, 30 October 2024
- Articles
Chancellor Rachel Reeves says the CPI inflation target will remain at 2%, the long-term Bank of England target.
Read more ...Budget: State Pension to rise 4.1% in April
- Wednesday, 30 October 2024
- Articles
The State Pension will rise by 4.1% in April when the Triple Lock is implemented in full, the Chancellor said today in her Budget.
Read more ...Budget: Employers' NI rises as tax take grows
- Wednesday, 30 October 2024
- Articles
Employers' National Insurance will rise from 13.8% to 15% in April but Employee National Insurance will remain unchanged, Chancellor Rachel Reeves announced in her Budget today.
Read more ...Budget: Non-dom exodus predicted as status is scrapped
- Wednesday, 30 October 2024
- Articles
Wealthy non doms living in the UK may head for the exit after the Chancellor announced she would end non-dom status, a law firm partner has warned.
Read more ...Budget: Planners expect 'complex advice' demand to rise
- Wednesday, 30 October 2024
- Articles
Financial Planners have mostly reacted with relief to the Budget but many have predicted the numerous taxation changes will fuel demand for advice.
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