'Pickpocketing' banks and IHT; the £72m-a-year pensions loophole; and how much to save for retirement - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
How banks are cashing in on the inheritance tax boom Banks are "pickpocketing" bereaved families caught between "byzantine" inheritance tax (IHT) and probate rules, according to this Telegraph article....
The forces at play in investment - most obviously, regulatory change, uncertain markets and shifting demographics - are as strong today as they were when Professional Adviser launched its sister magazine Multi-Asset Review in 2017.
Regulator has visited some firms already
Platforms react to Fidelity blocking Income Focus purchases
Chris Hill's letter to Treasury
Cash balance surges