UK investment giants: British Isa proposals could fall foul of Consumer Duty
Hopes that a Labour government will ‘drastically improve’ existing plans
Quilter
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Parmenion adds hat-trick of MPS firms to platform
PortfolioMetrix, Elston Portfolio Management and Quilter now featured
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UK CPI inches towards BOE goal with 2.3% increase to April
April inflation hits 2.3%, down from March’s 3.2% year-on-year increase
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IHT receipts up again as HMRC stays on track for £9.5bn by 2030
HMRC reported an IHT take of £700m in April
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Quilter’s Wealthselect MPS sells down gold position
Fixed income allocations topped up
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Momentum Global IM launches passive MPS on three platforms
MPS rolled out on Abrdn, Aviva Investors and Quilter
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Quilter assets climb to £111.6bn as IFA inflows jump 400%
Review of appointed representative firms to commence shortly
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Quilter WealthSelect managers highlight ‘no landing’ scenario concerns
MPS managers have paused adding to their fixed income allocation over fears sticky inflation could delay rate cuts
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Is UK inflation is ‘finally coming to heel’? CPI data falls to 3.4% for February
Figures published one day before the Bank of England’s Monetary Policy Committee meeting
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UK model portfolio sales outstrip overall fund sales
Tatton Investments ranks as best-selling model provider for the period
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Could UK GDP uptick finally improve sentiment on UK equities?
Industry commentators weigh in on UK GDP growth
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PEOPLE MOVES: Quilter, Bentley Reid, Evelyn Partners, Fidelity International
Quilter has appointed Kirsty Anderson as a retirement and tax specialist