United Kingdom
Inheritance tax is in ‘dire need of reform’
STEP says it wants to see a low flat-rate estate tax regime with few reliefs and exemptions
Adviser support group makes two acquisitions via advice arm
Deals add £200m in AuA and 500 wealth clients
PEOPLE MOVES: FSCS, Maps, SEI
UK lifeboat scheme and pension service announce CEO exits
MitonOptimal UK operation sold to Dubai-headquartered firm
It is the acquirer’s first move into the British financial services sector
Number of HNWIs globally drops by 3.3%
Value of their wealth has also decreased by 3.6%