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Kwasi Kwarteng and his Mini Budget

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Louise Burns-Lunt BFP FCA summarises the Chancellor’s his mini budget, with changes being made across a number of areas in an effort to stimulate the economy and assist individuals with the cost of living crisis. Income Tax There will be a cut in...

DB transfer firm Succession sets aside £10.5m for unsuitable advice

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CityWire reported yesterday that Succession Wealth has set aside £10.5m to compensate for unsuitable defined benefit (DB) pension transfer advice. The provision, included in financial statements for 2021, relates to an advice firm Succession acquired....