News

HMRC collects £100m more than last year in first quarter of tax year

Move expected to raise £1.5bn annually

More than 70% advisers say clients now require income from investments

Now accounts for 16% of total UK market

DWP said the incomes of retirees is ‘set to fall’ if nothing changes

Chancellor expected to dismiss calls for 2% levy on assets over £10m

Aiming to expand its Smoothed With Profits Fund

Awards take place on 23 September

Pertains to ongoing service charges and asset allocation failure

Comes amid growing demand