UK News
Aggressive cost cuts cushions Quilter profits from 12% blow to assets
But CEO warns full-year operating margins could dip if revenue headwinds remain
IFA group bolsters Scotland presence with acquisition
Deal brings AuM to £800m, staff to 70 and clients to around 2,500
Five UK firms go bust in June and July
Including two IFA companies which offered pension transfer advice to British Steel members
FSCS to shut down mini-bond compensation scheme
But urges relatives of deceased bondholders to come forward
UK investment platform to launch ‘augmented advice’ service
Firm poaches deputy managing director of M&G Wealth Advice to lead offering