130,000 Lasting Power of Attorney applications rejected in past five years
On average it takes 91.5 working days to register and dispatch an LPA application
United Kingdom
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STM Group agrees to ‘possible cash offer’ to sell business
Discussions about a deal ‘are at a very early stage’
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UK eyes ‘evolutionary’ change to pensions market with reforms
As DWP launches consultation about ending the proliferation of deferred small pension pots
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Tax paid by non-doms rises 8% in 12 months
With an average individual paying £123,000 in the past year
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HMRC wins IHT case over location of domicile of choice
Anyone arguing that they are not UK-domiciled should create and maintain evidence, warns tax expert
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Square Mile launches passive model portfolio range
Six options with varied risk/return profiles
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Liontrust shareholders approve GAM acquisition
Backed by 84% of votes at a general meeting held on 7 July
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IFA company boosts UK footprint with acquisition
Deal adds £323m in assets under management
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16% of asset and wealth managers globally will disappear by 2027
Assets managed by robo advisers will reach $5.9trn in four years
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Sipp sales reach highest level in five years
‘Savers are becoming increasingly confident in managing their own finances’
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Quilter partners with charity to improve diversity in advice sector
Firm wants to encourage young people from ‘disadvantageous backgrounds’ to pursue their desired career path
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PEOPLE MOVES: Blacktower, Platform One, M&G Wealth
Advice company names joint managing director, as platform hires COO