Wealth manager and Financial Planner has reported pre-tax profits up 11% to £233m but AUM down by over £4bn in its maiden results since separating from Old Mutual.

Quilter has revealed it has soft-launched its UK Platform Transformation Programme.

“Off-the-scale workloads and out-of-touch senior management” have been identified as the key causes of financial services staff stress and mental ill health in a new survey.

Wealth manager Quilter's corporate finance director Mark Satchel will step up to become chief financial officer from March following the departure of current CFO Tim Tookey, who will step down at the same time.