PEOPLE MOVES: FCA, AllianceBernstein, HSBC AM
UK regulator names chair, as investment manager makes c-suite changes
Quilter
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Boris Johnson to step down as UK prime minister
Following the resignation of around 60 ministers including Guy Opperman and Rishi Sunak
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PEOPLE MOVES: Value Partners, Nutmeg, Brooks Macdonald Int’l
Asset manager names chief executive, as CEO steps down from digital wealth firm
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PEOPLE MOVES: CISI, Quilter, Barclays
Trade body names CEO, while head of acquisitions leaves wealth manager
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PEOPLE MOVES: Vanguard, The Pensions Regulator, Blacktower
Investment giant names head of multi-asset solutions for Europe, as CEO at regulator demurs a second term
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Just 6% of female paraplanners want to become financial advisers
‘Misconceptions’ about the nature of the industry ‘strongly affect’ interest
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MPs call for inquiry into financial education in UK schools
Millions of children without money skills are ‘left vulnerable to economic shocks and financial scams’
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Low-risk pension transfers being ‘needlessly halted’, says Quilter
‘There is a clear divergence between policy intention and the practical application of the law’
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78% of Brits do not have a Lasting Power of Attorney
Number of people approaching later life without one ‘remains worryingly low’
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Pension savers recoup more than £22m in tax
As ‘clunky’ and ‘complex’ system blamed for overpayments
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Taxman nets £6.1bn in IHT
£700m more than the previous 12 months and frozen bands mean it is set to go even higher
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6% rise in AuMA for Quilter
But invasion of Ukraine had an impact on the firm’s Q1 results