United Kingdom
Receding inflows slow Quilter’s recovery
AuMA grew 3% in Q4 2022 but was down significantly from the start of the year
Should investors increase allocations to fixed income?
Avoiding the traps in the asset class was the ‘biggest bullet to dodge in 2022’
FCA worried about ‘superficial and over-confident’ Consumer Duty plans
Industry cannot ‘take foot off the gas’ with only six months to prepare for the regulation
Over half of UK adults do not have a Will
Brits warned IHT bills will be sky high if there is no estate plan in place
DB transfer values plummet 37% in a year
2022 also saw a large rise in transfers being flagged as showing potential signs of a scam