Line of of many different colored rubber ducks sitting on chairs facing towards the camera, scene set in front of old wooden paneling.

Line of of many different colored rubber ducks sitting on chairs facing towards the camera, scene set in front of old wooden paneling. Concept image of living together, harmony, humanity, social issues, equality, human rights etc.

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London firm adds £150m buying Hertfordshire IFA

HFMC Wealth has bought Hertfordshire IFA Generic Financial Management adding £150m in assets under advice to the business. HFMC, which has offices in London and Weybridge, acquired the firm for up to £3m. Two directors at Generic, David Verney and Marc Ruse, will become private client directors at HFMC. Managing director Paul Thomas will lead […]

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Advisers need freedom to set charges, experts say

Experts have warned that mandating how advisers charge could leave certain clients worse off. Speaking at the Money Marketing Interactive event in Harrogate earlier this month, CWC Research managing director Clive Waller, Threesixty Services managing director Russell Facer, and Informed Financial Planning managing director Kevin Ferriby agreed that in order to avoid conflicts of interest in advice, […]

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Annual allowance tax take take triples in year after taper

The amount savers have contributed above the annual allowance on pensions has more than tripled in the last year. Figures released this morning by HM Revenue and Customs show that for the 2015/16 tax year, total annual allowance breaches came in at £179m. This has now jumped to £561m in 2016/17, the year the tapered […]

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