Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk October 7, 2025 Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE 100 giant exited the area in 2013 as part of a simplification drive after the financial crisis, with the reduction of its stake in St [...]
Capital gains tax raid should have ‘health warning’, Labour warned October 6, 2025 Labour risks stunting growth and discouraging investment if it pursues further capital gains hikes, tax advisers have warned, as reforms proposed by top think tanks were pushed back on by industry figures. Rachel Reeves and Keir Starmer have talked up the prospects of attracting investment in the UK and making the wider tax system fairer [...]
‘Cash cow’ inheritance tax receipts edge higher as further changes loom September 19, 2025 Inheritance tax (IHT) receipts are on course for a record breaking year, as an increasing number of Brits brace themselves for further potential tax changes. According to the latest HMRC data, IHT receipts hit £3.7bn in the first five months of the 2025/26 tax year, continuing their two decade long upward trend. This is also [...]
Quilter: Net inflows rise as baby boomer wealth transfer looms August 6, 2025 Wealth management firm Quilter has bounced back as it braces for an increase in generational wealth transfers as inheritance tax rule changes creep closer. The wealth manager recorded a three per cent increase in adjusted profit to £100m as well as a one percentage point improvement in its operating margin to 30 per cent after [...]
Economists warn Rachel Reeves could be forced to make ‘£20bn tax grab’ June 11, 2025 Top economists have warned Brits to brace for another wave of painful tax hikes in the autumn after Rachel Reeves unveiled the government’s £190bn spending splurge. After unveiling her Spending Review, which laid out extra spending on the NHS, defence, housing and nuclear energy, the Chancellor told MPs she was committed to ensuring public finances [...]
How to shield your pension from Labour’s inheritance tax raid May 6, 2025 According to new analysis by Quilter, just two per cent of estates subject to inheritance tax (IHT) are currently taking advantage of surplus income gifting to reduce their tax liabilities. Based on freedom of information (FOI) requests carried out by the wealth management firm, just 1,490 estates are currently taking advantage of the rules, but Quilter expects [...]
Quilter: Inflows jump at wealth management firm April 23, 2025 Investors poured £2.2bn into Quilter in the first quarter of 2025 despite significant market losses at the wealth management firm. Assets under management ticked up from £119.4bn at the start of the year to £119.6bn by the end of March, thanks to a boom in the firm’s mass market affluent business, it said in a [...]
City broker downgrades St James’s Place despite robust inflows April 2, 2025 RBC has downgraded St James’s Place’s target stock price, while Quilter and Rathbones both received upgrades. RBC analyst Ben Bathurst downgraded his price target on Britain’s largest wealth manager from 1,100p to 1,050p today. St James’s Place’s stock price underperformed today on the news, falling more than two per cent compared to a decline of less [...]
Analysts upgrade Schroders stock amid cost-cutting drive March 20, 2025 RBC analysts have upgraded their Schroders’ stock price target after accounting for the group’s recently announced cost-cutting drive. Analysts at the bank upgraded Schroders’ target price from 395p to 475p, while it is currently trading at 379p, having surged 17 per cent since the start of 2025. The cost-cutting plan came as Schroders issued its [...]
Quilter hikes dividend as ongoing advice review drags on March 5, 2025 Asset management firm Quilter has reported a 17 per cent rise in adjusted profit to £196m for 2024, alongside a two-percentage-point improvement in its operating margin to 29 per cent. The wealth management firm, which provides advice and investment solutions across the high net worth and affluent market segments, recorded net inflows of £4.8bn. This [...]