Quilter
Pension savers recoup more than £22m in tax
As ‘clunky’ and ‘complex’ system blamed for overpayments
Taxman nets £6.1bn in IHT
£700m more than the previous 12 months and frozen bands mean it is set to go even higher
6% rise in AuMA for Quilter
But invasion of Ukraine had an impact on the firm’s Q1 results
Tech issue triggers 10% drop alerts for 1,200 Quilter clients
Quilter Investors’ CEO Steven Levin called on the government to scrap the ‘illogical’ rule last year
Advisers forced to withdraw from Abrdn fund
After it was erroneously made available to retail investors on the Quilter platform