Financial Planners have shrugged off Chancellor Rachel Reeves' Spring Statement as having little effect on their clients.

Quilter Financial Planning, the financial advice network of Quilter, has added Belfast-based PHW Wealth Partners as its latest appointed representative firm, to strengthen its presence in Northern Ireland.

Over seven in ten financial advisers (71%) are worried about the impact of pensions becoming liable for inheritance tax (IHT) from 2027, according to new research.

Quilter's Managed Portfolio Solutions (MPS) came out top in three out of five categories in Defaqto’s MPS Comparator Awards.

New platform business rose 43% year-on-year to £20.9bn for the fourth quarter of 2024 as recovery got under way, according to new data.

There were 7.13m pensioners paying tax in the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.

Wealth manager and plaform operator Quilter has allocated £76m in funds for an ‘ongoing advice review’ and may ask some advisers to pay back if clients have paid for ongoing advice which has not been delivered, it revealed today in its annual results.

Recent strong stock market performance has been a boon for platforms, according to new data published today by platform analysts Fundscape.

The Quilter platform has seen assets in outsourced investments in DFM (Discretionary Fund Management) models and managed portfolio services soar by 331% since the end of 2020.

Advisers have warned the FCA that its proposed introduction of targeted support under the Advice Guidance Boundary Review could cause significant consumer harm if the difference between guidance and advice is not more clearly defined.

Quilter Financial Planning, the advice network of wealth manager Quilter, has signed up four new appointed representative firms.

The Quilter Investment Platform and Aviva Platform were the two most recommended adviser platforms in 2024, substantially ahead of their rivals, according to new data.

Gross inflows into Quilter’s platform from IFAs rose 91% year-on-year during the fourth quarter of 2024.

Inheritance Tax (IHT) receipts rose £0.6bn (year on year) to £6.3bn for the period April to December 2024, according to the latest data from HMRC.

Changes to the treatment of pensions under new inheritance tax rules - due to take effect from 2027 - will exacerbate delays in probate cases, wealth manager and Financial Planner Quilter has warned.

Financial advisers have broadly welcomed the FCA’s new proposals for targeted support for pension savers but have warned more clarity is needed if they are to succeed.

Major issues continue to plague the DWP’s pension transfer regulations three years after they were implemented, new Freedom of Information data has revealed.

Quilter Financial Planning has added five new Appointed Representative firms to its advice network.

Quilter Cheviot, the high net worth division of Quilter, has appointed 7IM’s Colin Rowe as head of advice, subject to regulatory approval.

Today marks the beginning of the Money and Pensions Service’s Talk Money Week with the theme this year being ‘Do One Thing’ – encouraging everyone to take a single, impactful step towards better financial health.