Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, a new report reveals. The SME Insights Report, released by Simply
The Industry Working Group (IWG) on the electronic execution of documents have launched their consultation which can be found here. If you wish to submit a response to this consultation, please send it (in Word
Latest HMRC reports show that IHT receipts for April 2022 to June 2022 are £1.8 billion, which is £0.3 billion higher than in the same period a year earlier. The latest IHT figures show receipts
New research from Aviva shows that more than half of over 55s want to see the benefit of giving significant financial help to their family while they are still alive, rather than leave an inheritance
Lime Solicitors and its charity partner, the Anne Robson Trust, have launched a new campaign encouraging the public to speak with their loved ones about their wishes after they die. Despite inheritance disputes being on
A new Minister-led taskforce will help pension schemes address the risks and seize the opportunities of the “social” element in ESG investing. Social factors can include issues ranging from workforce conditions and supply chains to
Almost three in four (71%) advisers anticipate the demand for wealth transfer advice to increase in the next three years, according to recent research from M&G Wealth, conducted by NextWealth. In the face of the
Amy Holmes has been appointed as the new Public Guardian for England and Wales and Chief Executive of the Office of the Public Guardian. Amy Holmes, currently Domestic Affairs Director in the Economic and Domestic
New research from mortgage broker, Henry Dannell, has revealed how the average homeowner utilising equity release via Later Life mortgages is able to supplement their income by a fifth, while it can also bring about
It is vitally important that people who may not have capacity to make decisions about their care do not lose essential protections, the Law Society of England and Wales said in its response to the
Co-op Legal Services, the UK’s largest regulated provider of wills, estate planning and probate services has launched a new digital lasting power of attorney (LPA) service meaning that users can secure this important legal documentation
Settld CEO backs George Monbiot’s Twitter tirade against service providers. Some of the biggest names in British business are making life a misery for grieving families. Too many companies lack compassion, empathy and efficient processes,
New research, launched by independent financial education platform SmartPurse, has discovered that while female financial confidence is growing, significant gaps in their knowledge remain, hindering many from building secure financial futures. The Women’s Financial Wellness
Free debt advice provider, PayPlan, has launched a new partnership with the National Bereavement Service (NBS) to provide practical, emotional and financial support to those who have experienced the death of someone close to them.
The DWP and the Pension Regulator have issued a joint statement and amended guidance on transfer regulations introduced in November 2021. The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021 which were introduced
New research from Aviva has revealed the increasing importance of the role of property wealth in retirement planning. The research looked into levels of spending, saving and attitudes towards funding retirement in the over 45s.
PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, has called for members who were wrongly advised to transfer out of the of the British Steel Pensions
The membership body STEP has announced it will “make it easier for professionals to meet their career needs” by introducing improvements to how its Diploma qualifications are delivered. This change brings enhanced flexibility, incorporating local,
The legal professions of England and Wales – solicitors, barristers and CILEX lawyers – will unite to commemorate 50 years since the first Pride took place in the UK. The Law Society of England and
LSB research on unregulated legal services reveals potential consumer benefits and detriments. This is the first time the LSB has mapped the sector on this scale, and it suggests the number of unregulated providers comes
Recently released figures from ONS reveal that one in six people in England and Wales is an OAP. The latest census results have revealed that the population in England and Wales is continuing to age,
New data from the UK’s Legacy Monitor for the last 12 months to the end of March 2022, shows that legacy income is continuing to grow at a rapid rate, rising 15% over the previous
The Solicitors Regulation Authority (SRA) will be given new powers to fine rule-breakers up to £25,000, under measures introduced yesterday (29 June 2022). The changes mean the SRA can now fine law firms and individual
Reorganisation helps clients to take advantage of hybrid working – tapping into specialists from across the country. Irwin Mitchell has reorganised its Private Client team to better support its clients’ needs across the country, taking
Financial conversations are back on the table with couples and families leaning on each other for advice according to new research from M&G Wealth. The Family Wealth Unlocked report reveals a growing number of couples
A group of international inheritance and succession experts has formed a new organisation: International Succession Network (ISN). ISN will assist individuals, family offices and other professional advisors on international succession matters around the world. ISN
The Law Society of England and Wales has appointed Ian Jeffery as chief executive who will take up his position in September. Interim chief executive Gerry Walsh will remain in post until then. Ian Jeffery
Latest figures published by HM Revenue and Customs (HMRC) show that IHT receipts for April 2022 to May 2022 are £1.1 billion, which is £0.1 billion higher than in the same period a year earlier.
Following calls for increased regulation of the wider legal services industry, the Legal Services Board (LSB) has announced it will not pursue a full statutory review of the sector at this time. In a draft
New Smee & Ford data shows highest number of charities named in wills in over a decade. Smee & Ford’s annual Legacy Trends Report reveals that 10,670 unique charitable organisations were named in wills in
Market analysis by mortgage broker, Henry Dannell, has revealed that UK homeowners have already released equity to the tune of £1.4bn so far in 2022, with this figure estimated to hit almost £5.6bn by the
The professional membership body STEP is today calling on the public to plan what will happen to their “digital memories” – the precious photos, videos and the contents of social and email accounts that could