Quilter has appointed Karen Blatchford as distribution director of its UK platform business Old Mutual Wealth.

The Association of British Insurers has warned that implementing the FCA’s platform switching changes by July will be “challenging.”

IFA networks Intrinsic and Caerus have rebranded under the Quilter Financial Planning brand as the firm moves to streamline its operation.

Wealth manager and Financial Planner has reported pre-tax profits up 11% to £233m but AUM down by over £4bn in its maiden results since separating from Old Mutual.