News
IHT pension tax changes spur new trust from Transact
6+ hour, 3+ min ago (324+ words) Transact has unveiled the new Flexible Reversionary Trust (FRT) which it says will help advisers prepare for the April 2027 IHT changes when unused pension funds will be subject to IHT. The move by the Treasury will potentially expose unused pensions…...
Carly Dunningham: Planning is more than spreadsheets
1+ week, 2+ day ago (392+ words) In this regular column for Financial Planning Today, columnist Carly Dunningham, an experienced Financial Planner and chair of the CISI's Financial Planning Forum, looks at why Financial Planning requires deep conversations. You can more columns from Carly and other industry…...
Quilter Cheviot launches Planning service for HNW divorcees
1+ week, 2+ day ago (272+ words) Quilter Cheviot, the high-net-worth wealth management division of platform and wealth manager Quilter, has debuted a new service to support financial advisers and their clients following divorce proceedings. The new service is called Beyond Settlement Divorce and Quilter hopes it…...
41% of advisers seeing increase in family inheritance disputes
4+ week, 14+ hour ago (368+ words) Two in five advisers (41%) have seen a increase in inheritance disputes within blended families, fuelled by a lack of communication, according to a new report. Three quarters (71%) of advisers surveyed by trust and estate professionals trade body STEP said more…...
PFS achieves Pathway target of 500 new members
1+ mon, 2+ week ago (366+ words) The Personal Finance Society (PFS) has achieved its target of attracting 500 new members to its Pathway to the Profession initiative, its campaign to support students taking their first steps towards their Diploma in Regulated Financial Planning. The programme was launched…...
IHT receipts rise to fifth consecutive annual record
1+ mon, 2+ week ago (571+ words) Inheritance tax (IHT) receipts rose 2% to "8. 5bn in the 2025/26 tax year (2024/25: "8. 2bn), marking a fifth consecutive annual record. IHT receipts in March were "755m, an increase of "141m compared to February 2025. The Government expects to see a continued increase in the IHT take with…...
Global CFP numbers reach record 236, 300
2+ mon, 2+ week ago (341+ words) The number of Certified Financial Planners around the world reached a record 236, 300 in 2025, up 5, 652 year on year - a growth rate of 2. 5%. Figures were released today by the Financial Planning Standards Board (FPSB), the Denver-based global CFP standards body. In the…...
77% of advisers have seen evidence of 'great wealth transfer"
2+ mon, 2+ week ago (560+ words) The Great Wealth Transfer of trillions of dollars among high-net-worth (HNW) families is happening, according to a new study. More than three quarters (77%) of financial, wealth and legal practitioners say they have seen evidence of it in the past 12 months....
IHT take continues upward trajectory
2+ mon, 3+ week ago (555+ words) Inheritance tax has continued its upward trajectory with'receipts'for the 11 months April 2025 to February 2026 of "7. 7bn, "0. 1bn higher than the same period last year. Despite the rise there is some sign of the rapid growth in IHT slowing, at least temporarily, as house…...
Equity income trusts merge to form "300m vehicle
5+ mon, 4+ day ago (369+ words) Sarika Patel, chair of the Aberdeen Equity Income Trust The Aberdeen Equity Income Trust and Shires Income PLC are to combine to create an investment trust with net assets of over "300m. The deal is expected to complete by the end…...