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Old Mutual names price for Quilter shares

Old Mutual Plc has revealed the prices in its global offer for shares in the former Old Mutual Wealth. The price range has been set between 125 pence to 155 pence per ordinary share. Now rebranded to Quilter, under Old Mutual’s managed separation strategy the business will be the first breakaway from the parent group to […]

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Adviser banned over fake qualifications

The director of a one-man financial advice firm has been fined and disqualified by the FCA for issuing false qualification documents. Darren Cummings, of Northern Irish firm DCC Financial, fabricated two statements of professional standings, claiming they were issued by the CII. According to a final notice, the FCA found the SPS 1 and SPS […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]

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