Utmost to acquire Quilter International for £483m

Life insurance specialist Utmost Group is to acquire Quilter’s cross-border platform Quilter International for £483m cash to add to its wealth solutions arm.

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Senior management compensation drops 37% at Quilter

The compensation Quilter paid to its senior management in 2020 fell 37% as adjusted pre-tax profits for the group fell from £182m in 2019 to £168m.

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Calls grow for law change to tackle online harm

Wealth management professional trade body PIMFA and the Financial Services Compensation Scheme have joined calls for economic harm to be included in the government’s upcoming Online Safety Bill.

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Quilter to cut some advisers as profits fall 

Quilter says it will cut a “small number” of “restricted Financial Planners” following a dip in profits.

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