Industry
Saudi conglomerate snaps up £224m stake in M&G
Kingdom Holding Company is controlled by prince and billionaire Alwaleed Bin Talal
Fintechs join forces to create digital financial planning tool
It will be aimed at the underserved ‘aspiring affluent’ market
Frozen thresholds see UK IHT take double in a decade
Latest figures show receipts hit £1.8bn in last three months
FCA slammed over plethora of failures in British Steel scandal
It has ‘consistently been behind the curve in responding to unsuitable pension transfer advice’
Advice firm makes third acquisition in a year
Deal increases the group’s AuM to £2.3bn