PEOPLE MOVES: Strabens Hall, PineBridge Investments, Quilter
Offshore focus for Strabens, while Pinebridge hires CEO for Irish business
Quilter
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Inheritance – one of the last ‘taboo’ topics
Only 24% of UK parents have openly discussed planning matters with their children
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Surging IHT receipts leave British government clueless
There’s been a nearly 50% increase between February and March 2019
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Later life planning on the agenda for young Brits
But majority of over 55s are not putting anything aside for old age care costs
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Quilter’s Q1 results suffer from ‘challenging markets’
‘Advisers value Quilter’s integrated advice-led model’ says chief executive
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Minority of Brits aware of inheritance rules
Financial planners and investment managers are urging people to make provisions
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Only 34% of UK retirees prepare before using pension freedoms
Retirement planning is ‘not easy to self-regulate’ and can be an ‘uncomfortable process’
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Quilter’s advisory network to buy AIM-listed firm
Chief executive among departures expected post-acquisition
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Concerns DIY retirement planning is on the rise
Only 32% of Brits accessing pension freedoms used an adviser
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UK struggling under ‘epidemic’ of financial illiteracy
Technical terms about pensions keeping clients away
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UK feeling the financial burden of IHT bills
HMRC figures state nearly 25,000 households were hit by inheritance tax last year
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Canadian firm splashes out £28m on UK wealth manager
Also Quilter acquires financial adviser in administration for an undisclosed sum