In a trading update today, Quilter says its plans to move all advisers and clients to a new platform by the summer are “more uncertain” after the Coronavirus outbreak.

Fintech firm Model Office has produced a free Covid-19 handbook for Financial Planners.

Defaqto’s latest Platform Service Review has found an improvement in financial adviser satisfaction but with room for improvement in several areas.

Adviser platform Transact reported today that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.

The FCA is to give staff at regulated firms an additional 12 months to pass professional exams due to the Coronavirus outbreak.

CPI inflation, the government’s main measure of inflation, fell from 1.7% in February to 1.5% in March, ONS reported today.

The FCA and Chase de Vere IFA have issued warnings that scammers are using fake details of the firm to try to con people.

The Investment Association has temporarily dropped the yield requirements for equity income funds due to the Coronavirus outbreak.

More than 1,300 financial advisers have signed up to the Pension Transfer Gold Standard in the past 12 months but the number re-registering is set to fall as disillusioned advisers quit the market.

Platform and SIPP provider AJ Bell has reported client numbers up 22% to 262,179 over the past 12 months.