Pension tax grab could threaten retirement for millions October 30, 2025 A potential raid on pensions in the upcoming November Budget could cause pension funds to lose billions, threatening businesses and the retirement outcome for millions of Brits. UK pension funds could suffer a £50bn loss over the next five years if the Treasury decides to slash pension tax reliefs, according to analysis from wealth manager [...]
Autumn Budget: Wealth tax would drive £100bn out of UK economy October 16, 2025 Rachel Reeves is facing renewed calls to rule out any form of wealth tax in the Autumn Budget with concerns such a move would drive £100bn out of the UK economy. The Chancellor confirmed on Wednesday higher taxes on the nation’s wealthiest would be a “part of the story” in the Budget. But fresh research [...]
Budget rumours spark a surge in client queries for financial advisers October 10, 2025 Independent financial advisers have seen a significant uptick in client enquiries in the run up to the Budget, as speculation over tax changes continues to plague Brits. According to analysis from wealth management firm, Rathbones,90 per cent of independent financial advisers (IFAs) have reported a spike in client enquiries as the November Budget inches closer. [...]
Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk October 7, 2025 Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE 100 giant exited the area in 2013 as part of a simplification drive after the financial crisis, with the reduction of its stake in St [...]
Rathbones’s Robert Hughes-Penney: A great aunt gave me a scrip dividend at age 14 and the rest is history October 2, 2025 Robert Hughes-Penney, investment director at Rathbones and newly annointed Canada sheriff, takes us through his career in Square Mile and Me.
Wealth managers warn against kneejerk reactions to Budget speculation October 1, 2025 Investors are being urged not to make any kneejerk pension decisions which could lead to irreversible consequences, as the Budget rumour mill begins to stir up financial worries. Wealth manager Rathbones has warned that fears over pension tax changes have caused another surge of premature withdrawals of the 25 per cent tax free lump sum. [...]
Gen Z will ‘need at least £3m’ to retire comfortably September 30, 2025 People in their 20s will need at least £3m pension pot if they want to enjoy a comfortable retirement, a fresh study has shown, throwing into sharp relief the corrosive impact that inflation has on savings. According to an analysis from Rathbones, a 25-year-old today will need a pension pot of £3.1m if they want [...]
High net worths rejig estates as inheritance tax overhaul looms September 24, 2025 The high-net-worth clients of a leading wealth manager are rearranging their estate planning to get ahead of potential changes in the Budget, fearing the Chancellor will mount another inheritance tax grab to help plug the Treasury’s £30bn fiscal hole. Rathbones said that interest from its customers in inheritance-related advice has “risen sharply” since the start [...]
Parents forced to delay retirement to bankroll staggering university costs September 4, 2025 Over a third of UK parents are postponing retirement to fund their children’s university education. According to a new study from wealth manager Rathbones, parents expect to work an average of five years longer than initially planned to afford increasingly higher education costs. However, more than a quarter estimate they will need to extend their [...]
Rich parents fear children will squander inheritance August 6, 2025 An increasing number of high-net-worth parents are worried that leaving too much money to their children will be a “curse on their lives” and are turning to charity donations to avoid handing large sums down the generations. According to a fresh poll, three quarters of parents with a net worth of £3m or more believe [...]