United Kingdom
32% of IFAs expect client fees to increase with Consumer Duty
As one-in-seven still feel unclear about advising clients on good customer outcomes
UK financial planning firm becomes employee-owned
18 staff members now retain 60% of the company
Inheritance tax receipts reached £2bn between April and June
A £200m increase from last year
Two UK IFA firms fail
With the FSCS receiving claims related to pension advice transfers for both
Brits may pay income tax when inheriting untouched pension pots
As the government considers new rules to replace the pensions lifetime allowance