Bestinvest, the D2C arm of Tilney Smith & Williamson, is to axe most ad hoc SIPP fees from 1 March as part of a wider shake-up of fees and services.

A third (33%) of financial advisers say clients want more contact time with them outside of traditional working hours, according to a new report.

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.