Industry

HM Revenue and Customs (HMRC) collected £2.2bn in inheritance tax (IHT) in the first three months of the current tax year, which is £100m more than the same period last year. (Source: Professional Adviser)

The government is pushing ahead with plans to include pensions within inheritance tax (IHT) from April 2027 but has made some adjustments to its implementations plans. (Source Professional Adviser)

Women are still less likely to receive financial advice than men, new research by Unbiased has revealed. (Source: Money Marketing)

Individuals are more likely to invest into a Stocks & Shares ISA (S&S ISA) when presented with more balanced risk warnings, according to exclusive research. (Source: Investment Week)

Rachel Reeves has laid out the “most wide-ranging package of reforms to financial services” in over a decade in her second Mansion House speech on Tuesday (15 July) since becoming chancellor a year ago. (Source: Professional Adviser)

The Treasury has moved to allow long term asset funds (LTAFs) in Stocks & Shares ISAs as of next year as a “first step” of its ISA reforms. (Source Professional Adviser)

The Venture Capital Trust Association (VCTA) has called on the Treasury to bring the rules surrounding VCTs “up to date” and allow them to “realise their full potential”. (Source: Investment Week)

Bank of England governor Andrew Bailey has criticised Government plans to direct defined contribution pension investments, raising concerns over a key part of the Pension Schemes Bill. (Source: Money Marketing)

UK chief financial officers have ranked the UK and India as the two most appealing places to funnel investment capital, according to Deloitte’s Q2 CFO survey. (Source: Investment Week)

Increased pension contributions could be “final nail in the coffin” for small businesses, some have argued (Source: FT Adviser)