Wealth manager and Financial Planner Quilter has been hit by a sharp fall in inflows in Q3, blaming the decline partly on cost of living pressures hitting clients.

Financial Planners are cutting back on their use of investment platforms because of the cost-of-living crisis.

Glasgow-based pensions firm @SIPP is boosting the pay of its non-managerial staff by £350 per month to help them cope with the cost of living crisis. 

Retirement specialist Just Group is to give all staff earning under £50,000 a year a one-off payment of £1,200 to help them cope with soaring inflation and energy bills.