Companies
PI costs take heaviest toll on small firms
Advisers regularly report that premiums ‘have become prohibitive’
3.7% rise in IHT receipts
Sum collected by the UK taxman has doubled in a decade
Spac changes to have ‘significant impact’ on UK advice M&A
Lowering threshold for initial listing to £100m ‘makes it a perfect size for an acquisition vehicle’
Raymond James splashes out £280m on Charles Stanley
Deal will add £27.1bn in client assets to the group
Lloyds Bank buys UK retirement platform for £390m
In a bid to ‘address the attractive mass market and self-directed wealth segment’