Advisers need to be the trusted sounding board for directors when they face financial distress from creditor pressure to personal exposure, says Alex Rogan, restructuring and insolvency partner at Richardson Lissack

Administration for Zavvi as financial strains catch up with online entertainment retailer forcing immediate closure and customers left without pre-paid collectibles

In this week’s Q&A, David Woolley, advice lead at Croner VIP Tax Team explains the tax implications for low value estates and beneficiaries