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
Quilter
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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
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Tech issue triggers 10% drop alerts for 1,200 Quilter clients
Quilter Investors’ CEO Steven Levin called on the government to scrap the ‘illogical’ rule last year
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Advisers forced to withdraw from Abrdn fund
After it was erroneously made available to retail investors on the Quilter platform
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PEOPLE MOVES: Janus Henderson, Hansard, Hawksford
Asset manager names CEO, as insurance group hires head of sales
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UK annual and lifetime allowance pension charges soar
Even before thresholds were frozen by the chancellor in 2021