United Kingdom
UK wealth manager to exit ‘competitive’ adviser market
Firm’s professional intermediary distribution channel will close in June 2021
PEOPLE MOVES: Quilter, Pictet WM, Curtis Banks
Financial services giant bolsters UK platform business, while wealth manager names head of Italy
IFAs call for faster underwriting to improve protection market
As 39% believe the sector needs to evolve with more products designed for millennials
Over £650m lost to investment scams in a year
Weak economy and low interest rates gave criminals opportunity to defraud victims
Inactive financial advisers missing out on client referrals
It is time to ‘adapt’, ‘accept’, and ‘find a new way of building relationships’