Utmost Group to buy Quilter International for £483m
Life company was put under strategic review late last year
Quilter
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Tech giants targeted as UK gov’t urged to toughen up on scams
Country facing a ‘scams epidemic’ with around ‘£10bn stolen from retirement pots since 2015’
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PEOPLE MOVES: Axa, Tilney Smith & Williamson, Oak Group
Insurance giant makes c-suite changes, while UK wealth manager names COO
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Is Hong Kong still an attractive advice market?
Companies split as some say it is ‘grim in the short term’ and others are ‘positive for the outlook’
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Young people flock to high-risk investing
But are these thrill seekers playing with fire?
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UK tax allowances cut 11% in 10 years
Savers urged to act ‘rather than wait and think it will be the same’
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PEOPLE MOVES: Royal London AM, AHR Private Wealth, Tilney S&W
Asset manager names CEO, while international advice firm makes triple hire
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Only LatAm is cheaper than the UK for investors right now
But Brexit is now a reality – not a risk – so that discount could be set to shrink, says Waverton CIO
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Life companies exempted from UK property fund CGT charge
Quilter International CEO says it’s ‘music to much of the industry’s ears’ but ‘not out of the woods yet’
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PEOPLE MOVES: Financial Ombudsman Service, Gam, HSBC AM
CEO steps down from ombudsman, while investment firm hires head of marketing and client experience
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Quilter to merge investment management and private client arms
Review of international life business still pending as board not ‘in a position to reach a conclusion’
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Platforms struggle to identify ‘orphan’ clients
Only 20% engage with advisers about stranded investors