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)