Five key takeaways from the Spring Statement
Downgraded economic forecasts, increased defence spending and cuts to welfare were a few of the developments
Tax & Regulation
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Spring Statement 2025: ISA reform prospects welcomed as ‘a real opportunity’
Government commits to looking at options
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FCA unveils plan to ‘significantly streamline’ its operations
It will automate roles undertaken by employees, but some expressed ‘nervousness around consumer protections’
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Flagstone warns against FCA pressuring people to ditch cash
FCA chair indicated the regulator would like to encourage UK investors to buy stocks
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RGL bolsters group claim against Hargreaves Lansdown over Woodford
Group action to now work on behalf of more than 8,300 claimants
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FCA bans Crispin Odey from financial services industry
Fined £1.8m for a ‘lack of integrity’
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PFS consolidates tools to help advisers with Consumer Duty
Regulatory environment is ‘characterised by heightened scrutiny and challenge’
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FCA and PRA axe plans to impose stricter DEI rules for financial services
Further information on the FCA’s work on non-financial misconduct is expected in June
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FCA scrapping ‘name and shame’ public interest enforcement test
It will not take forward proposal to shift from exceptional circumstances test
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Advisers eyeing rising Business Relief demand as IHT squeeze nears
Research carried out on behalf of asset manager Downing
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AJ Bell: Key events for advisers watch out for this month
The investment platform picked out three dates
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Guinness VCT partners up with HL in accessibility drive
The vehicle is now available on Hargreaves Lansdown’s VCT investment service