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Quilter profits up despite 12% drop in assets

Financial Planner and wealth manager Quilter increased pre-tax profit in the first half of the year by 9% to £61m (H1 2021: £56m) despite a sharp fall in Assets Under Management (AUM) as markets tumbled around the world.

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Curtis Banks CEO exits with immediate effect

Will Self, the CEO of major SIPP provider Curtis Banks, has left the company with immediate effect.

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FSCS set to wind up LCF compensation scheme

The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.

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