Uncertain market hits Quilter inflows
More cautious approach taken with DB to DC pension transfers
Quilter
-
-
OMI managing director promoted to chief executive
Quilter revamps its executive committee following rebrand and IPO
-
Platform woes prompt adviser rethink for key clients
Protecting high-paying clients from disruption is a priority for IFAs
-
Clients still oblivious to pension freedoms risk
Too many in the UK raiding piggy banks
-
Old Mutual calls on gov’t to scrap the residence nil-rate band
Tax and financial planning expert suggests several key changes to the UK inheritance tax regime
-
PEOPLE MOVES: Quilter, OMGI, Sanne
Standard Life veterans join Quilter, OMGI appoints from Citi and Stan Chart trust chief joins Sanne
-
Inflows drop 75% at Quilter International
£69m set aside in compensation for long-standing customers
-
£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
-
Quilter acquires third UK advice firm
Quilter’s financial planning arm, Old Mutual Wealth (OMW) Private Client Advisers, has acquired the advice business of accountancy firm Saint & Co.
-
Quilter IPO takes off
Quilter employees were among the main beneficiaries when the insurer floated on the London and Johannesburg stock exchanges on Monday following its demerger from Old Mutual.
-
Two industry heavyweights make major announcements
Standard Life Aberdeen is planning to return £1.75bn (€1.99bn, $2.33bn) in capital to its shareholders after selling its UK and European insurance business, while Old Mutual looks to offer up to 9.6% of shares in Quilter as part of its managed separation.
-
Providers to stump up 25% of advisers’ compensation bills
Despite some strong opposition, the UK financial regulator has released major plans to force providers to pay 25% of advisers’ Financial Services Compensation Scheme (FSCS) bills.