UK retail savers took £24.3bn out of investment funds in 2023, according to the latest data from the Investment Association.

Chancellor Jeremy Hunt has announced a cut to employees’ National Insurance from 10% to 8% from April as one of a raft of measures announced in his Spring Budget today.

Chancellor Jeremy Hunt announced in his Spring Budget today that the Government will scrap and reform the tax status benefiting individuals who are non-domiciled in the UK.

Chancellor Jeremy Hunt has reaffirmed the Government’s plans to give people one ‘pension pot for life’, moveable from job to job, despite concerns shared by the financial advice industry.

The Chancellor has announced the launch of a new British ISA and changes to ISA allowances as part of a raft of new measures introduced in his Spring Budget to boost investment in UK businesses.

Privately-owned IFA consolidator Elevation Financial Group has acquired West Midlands-based Thornton Claverley for an undisclosed sum.

Wealth manager Quilter has reported a 25% increase in adjusted profit in 2023 to £167m as Assets Under Management or Administration rose by £7.2bn to £103.4bn.

Average assets under management for Legal & General Investment Management fell 12% year-on-year in 2023.

One of the UK’s major annuity comparison services has reported a 60% surge in adviser annuity quotes in 2023 compared to 2022.

Wealth manager and Financial Planner Evelyn Partners has appointed Chartered Financial Planner Mickey Armstrong as a Financial Planner in its Knutsford, Cheshire office, recruiting him from a Dubai firm.