Industry
12% fall in pension transfer activity
It has decreased to its lowest level in nine months
Quilter cuts platform fees and unveils tiered adviser structure
Company also makes changes to cash management
PEOPLE MOVES: Vontobel, Lazard AM, Progeny
CEO to leave financial services giant, while chief executive of Middle East steps down from asset manager
Best Practice | 25 May 23
EU proposes regulatory changes to ‘protect and empower’ retail investors
It confirms inducement ban will be for ‘execution-only’ sales
UK lifeboat scheme cuts 2023/24 levy to £270m
But FSCS says it continues to see increasingly complex firm failures within the Sipp and DB pension advice areas