17% rise in number of families paying IHT
Average inheritance tax bill fell 1% to £214,000 in 2020/21 financial year
Quilter
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32% of IFAs expect client fees to increase with Consumer Duty
As one-in-seven still feel unclear about advising clients on good customer outcomes
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Pension tax overpayments hit £56m in Q2 2023
This is up almost £8m compared to the first quarter of the year
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130,000 Lasting Power of Attorney applications rejected in past five years
On average it takes 91.5 working days to register and dispatch an LPA application
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Quilter partners with charity to improve diversity in advice sector
Firm wants to encourage young people from ‘disadvantageous backgrounds’ to pursue their desired career path
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PEOPLE MOVES: Blacktower, Platform One, M&G Wealth
Advice company names joint managing director, as platform hires COO
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Quilter Investors cuts fees on funds over £750m
It will apply to all but two of the firm’s UK domiciled strategies
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FCA cracks down on ‘wild west’ of crypto advertising
But concerns remain over the regulator classifying the asset as a Restricted Mass Market Investment
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Quilter cuts platform fees and unveils tiered adviser structure
Company also makes changes to cash management
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Quilter subsidiary escapes fine over DB pension transfer advice
Following an investigation by the UK financial watchdog
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UK to ban cold calling on all financial products
As the government looks to ‘take the fight to the scammers and fraudsters’
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24% rise in number of inheritance tax payers
Frozen thresholds will lead to more ‘record breaking numbers in the years to come’