Jenna Brown

HM Revenue & Customs has today (11 May) released a “crucial” technical note giving more detail on its inheritance tax on pensions rules.

Aviva’s platform net flows for the first quarter of 2026 were up 24% to £1.6bn, according to its latest trading statement.

HM Revenue & Customs has awarded a £175m ten-year contract to Quantexa to roll out artificial intelligence across the department.

Aviva, Legal & General, Royal London and Scottish Widows have joined forces with fintech Origo to transform and remove “pain points” in the letter of authority (LoA) process.

The Financial Conduct Authority has widened its Scale-up Unit, which helps firms looking to expand deal with regulatory processes, to include solo-regulated operations.

Confidence among advisers is “extremely high” with firms reporting increased client numbers and active expansion plans, according to latest Dynamic Planner research.

Ex-health secretary Wes Streeting has laid out his plans for a “wealth tax that works” as part of his pitch for the Labour leadership, the BBC reports.

Warnings about taking advice purely from artificial intelligence have been sounded after OpenAI launched financial planning tools in the US market.

Wealth management group Fairstone is building on the success of its model portfolio solution range by converting four of the portfolios into funds in a move that will cut client charges by up to 20%.