Advisers are facing increasingly complex client conversations as market volatility, regulatory change, and artificial intelligence reshape investment decisions, according to experts at a recent FT Adviser panel on guiding multi-asset decisions.
More than 1.1 million savers over state pension age are facing a tax bill for interest earned on their pots of cash, according to HM Revenue and Customs (HMRC) figures.
Rachel Reeves is considering changes to the tax system which would lead to some lawyers, accountants and doctors paying more. Professions sometimes use limited liability partnerships (LLPs), meaning they are treated as self-employed and are not subject to employers' NI.
Advisers must upskill to better support clients through an increasingly more stressful retirement journey.
An FT Adviser webinar, addressing the changing retirement landscape, emphasised the importance for advisers to have high levels of emotional intelligence.
Inflation remained unchanged at 3.8% in September, meaning the state pension will rise by 4.8% in line with July’s earnings growth figure under the triple lock.
Therefore the full ‘new’ state pension should increase from £230.25 per week to £241.30 per week.
The UK inflation rate remained stable at 3.8% in September – lower than expected. Prices for groceries also rose at their slowest rate in more than a year, according to the ONS and the cost of food and non-alcoholic drinks fell for the first time since May last year.
The UK inflation rate holds at 3.8% in the year to September, according to the Office for National Statistics (ONS) It marks the third successive month the rate remains unchanged, and the 12th month in a row that inflation is above the Bank of England's 2% target
Inheritance tax receipts hit £4.4bn for April to September 2025 as they continue their upward trajectory.
The latest statistics from HMRC showed a £0.1bn rise on the same period last year for IHT, suggesting the full-year receipts may be approximately £8.8bn.
Advisers do not have to be everything to a client and should not be afraid to say when they do not know something, according to Mike Winstanley, director of wealth management at Bentley Reid. Is he correct?
UK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month's Budget. Borrowing was £20.2bn in September, up £1.6bn from the same month last year, the ONS said.
Rachel Reeves has signalled she will target tax rises on assets rather than earnings in the Budget as she ramps up her war on wealth. The Chancellor said those with the “broadest shoulders” should contribute more to balancing the books.
Housing Secretary Steve Reed says his job should be "on the line" over a pledge to build 1.5 million new homes in England – but two leading experts have said the government looks set to miss its target.
Rachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal in her remarks at a key international economic committee at the International Monetary Fund (IMF).
AI only gets advice correct half the time leaving Brits at risk of making damaging errors, according to research. The data asked AI tools 100 finance questions across a range of topics, including savings accounts, housing, and retirement, to examine their reliability.
Rachel Reeves announced plans for targeted cost-of-living measures in the upcoming Budget, emphasising the government's and the Bank of England's responsibility in tackling inflation. The UK's inflation rate is projected to be the highest among G7 nations for the next few years.
The FCA is promoting tokenisation, the process of recording asset ownership on a blockchain, as a means to foster innovation, competition, and growth within asset management.
Changes emerging from the state pension age review are likely to address the issue of intergenerational fairness, including an age ‘adjustment mechanism’.
The chancellor should be "bold" in next month's Budget or risk future spending cuts and tax rises.
The IFS is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government's finances and will "almost certainly" have to raise taxes.
The UK economy grew slightly in August ahead of key Budget. The economy expanded by 0.1%, the Office for National Statistics said, after contracting by 0.1% in July.
