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1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Dan Cooper |Jess Franks
Good morning and welcome to your Morning Briefing for Friday 21 March 2025. To get this in your inbox every morning click here. IHT receipts hit new record £7.6bnInheritance tax receipts have hit new annual record with £7.6bn collected between April 2024 to February 2025. This is £0.8bn higher than the same period last year. The Government expects the records to keep on being broken with the Office for Budget Responsibility forecasting total receipts of £9.7 billion for the 2028/29 tax year.
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1 month ago | 
moneymarketing.co.uk | Jess Franks |Tom Browne |Salome Asabre
Good morning and welcome to your Morning Briefing for Wednesday 19 March 2025. To get this in your inbox every morning click here. Advised platforms assets surgeAssets across advised platforms rose by 3.82% in Q4 2024, reaching £616.23bn – an increase of 12.54% compared to Q4 2023 (£547.60bn). This is according to new data from the lang cat, released today (19 March).
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1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Jess Franks |Dan Cooper
Good morning and welcome to your Morning Briefing for Friday 14 March 2025. To get this in your inbox every morning click here. UK economy shrinks 0.1% in January The UK economy unexpectedly shrank in January following a decline in the manufacturing and construction sectors. Friday’s monthly GDP figure from the Office for National Statistics (ONS) was weaker than expected, and came after the economy had grown by 0.4% in December.
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1 month ago | 
moneymarketing.co.uk | Oliver Brown |Momodou Musa Touray |Jess Franks
Just whisper it quietly (as shouting from the rooftop is such an un-British thing to do), but we may be at the foothills of a significant period of UK market outperformance. This will be good news for those who have persevered with the UK market over the past decade, but watched with envy a period of stellar outperformance by the US market, led by its technology sector. Why do we believe that now is the time for patriotism to be rewarded?
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1 month ago | 
moneymarketing.co.uk | Tom Browne |Dan Cooper |Momodou Musa Touray |Jess Franks
Good morning and welcome to your Morning Briefing for Tuesday 11 March 2025. To get this in your inbox every morning click here. Advice firms lose £517m annually due to platform switching, study findsWealth managers and financial advisers are losing an estimated £517m annually due to inefficiencies in platform switching. This is according to new research by AI-driven data management specialist Woven Advice, published in the white paper Platform Switching Eats Strategy for Breakfast.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Jess Franks |Nita Patel
Good morning and welcome to your Morning Briefing for Monday 10 March 2025. To get this in your inbox every morning click here. Exclusive: Clifton Wealth Partnership pushes for growth with seven new dealsClifton Wealth Partnership has bought seven advice businesses from across England and Wales. The firm has today (10 March) announced that the deals have completed following a successful acquisition and integration process.
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Momodou Musa Touray |Jess Franks
Good morning and welcome to your Morning Briefing for Tuesday 18 February 2025. To get this in your inbox every morning click here. UK unemployment rate remains at 4.4%The UK unemployment rate for people aged 16 and over remained at 4.4% in the final quarter of 2024, according to the latest figures from the Office for National Statistics (ONS). The employment rate for people aged 16 to 64 stood at 74.9% between October and December 2024, showing a slight increase from the previous quarter.
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Dan Cooper |Jess Franks
I’ve sometimes pondered writing a Weekend Essay solely on the press releases I receive daily. Some of these are truly bizarre. As the editor of a finance magazine, for example, I’m not sure I need to know the favourite ice-cream flavour in Leeds (vanilla, in case you were wondering). Or the relative popularity of coffee vs tea in the UK. Or what artificial intelligence imagines Taylor Swift’s engagement ring could look like. All these things are tangentially about finance, you may argue.
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2 months ago | 
moneymarketing.co.uk | Jess Franks |Darius McQuaid
Good morning and welcome to your Morning Briefing for Wednesday 12 February 2025. To get this in your inbox every morning click here. Annuity sales soarFinancial advisers have helped make 2024 the “highest year of annuity sales” since the introduction of pension freedoms, the Association of British Insurers has revealed. The body’s 2024 annuity sales figures found insurers sold £7bn in annuities last year, up 34% from 2023.
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2 months ago | 
moneymarketing.co.uk | Dan Cooper |Jess Franks |Caitlin Jordan
Good morning and welcome to your Morning Briefing for Monday 10 February 2025. To get this in your inbox every morning click here. Shackleton acquires Norfolk-based advice firmConsolidator Shackleton has announced the acquisition of Norfolk-based advice firm Harrold Financial Planning Ltd (HFP). In 2021 UK private equity Buy & Build specialist Sovereign Capital Partners completed an investment worth £55m in Skerritts, one of the co-founders of Shackleton.
