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4 days ago | 
professionaladviser.com | Jenna Brown
Assets increased by £2bn to £13.1bn by year-end and revenue was up from £48.7m in 2023 to £50.2m in 2024. The group's EBITDA also increased from £17.9m to £20.1m in 2024. The strong performance came against a backdrop of increased outflows across the UK platform market, the group said. It said it pointed to ongoing its ongoing strategy of service excellence and proposition enhancements which included more than 400 new features in 2024.
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4 days ago | 
professionaladviser.com | Jenna Brown
Adds three additional situations where firms can be named The Financial Conduct Authority (FCA) has updated its Enforcement Guide, confirming it will retain the ‘exceptional circumstances’ test for naming firms under investigation.
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5 days ago | 
professionaladviser.com | Jenna Brown
The WWA, which is a recently launched working group of independent professional body the Consumer Duty Alliance, launched the survey, which is managed by YouGov with the support of IBOSS, today (2 June). This comprehensive research will cover females working across financial planning, mortgage and protection advice, financial coaching, academy members, paraplanning, compliance, T&C and support roles.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
The meeting, highlighted in a LinkedIn post, said the PFS and CII would support members around the world and work more closely after an extended period of discord.
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2 weeks ago | 
covermagazine.co.uk | Jenna Brown
Receipts up £97m year-on-year Inheritance tax (IHT) receipts for April 2025 were £800 million - £97m higher than the same period last year, latest statistics from HM Revenue and Customs have confirmed. The total was an increase of 13.8% on the same month of 2024.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
Tenth annual adviser survey from FE Fundinfo The majority, 85%, of advice business owners are positive about their firm’s prospects as market uncertainty and major tax policy changes fuel client demand, according to data from FE Fundinfo’s latest adviser survey.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
Figure is £38m lower than the indicative forecast from November The Financial Services Compensation Scheme (FSCS) has lowered its annual levy expectation for 2025/26 to £356m. The total is £38m lower than the indicative forecast it shared in its November's Outlook.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
IHT tax take for April up £97m on same period last year Inheritance tax (IHT) receipts for April 2025 were £800m - £97m higher than the same period last year, latest statistics from HM Revenue and Customs have confirmed. The total was an increase of 13.8% on the same month of 2024.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
Gretchen Betts is the managing director of Magenta Financial Planning, a small financial planning business based in South Wales, established in 2016. Betts is a multi-award-winning Certified Financial Planner, Chartered financial planner, and financial coach. She has been running the firm for nine years and has been the sole owner for the past four after completing a management buyout when former business partner Julie Lord wanted to exit.
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2 weeks ago | 
professionaladviser.com | Jenna Brown
The report, from Personal Investment Management & Financial Advice Association (PIMFA), UK Finance and KMGP UK said these four key barriers must be addressed. The report comes at a critical time as the chancellor prepares her growth and competitiveness strategy for financial services, the bodies said.
