Quilter focuses on MPAA clients in latest platform update

Clients who are subject to the MPAA will be notified of any prior payments into the account within the pension input period to support tax efficient planning. Another part of the update as includes the introduction of a new pension top up service which will enable clients to conveniently make lump sum top ups into an existing Collective Retirement Account, either online or via the Quilter app. This is initiated by their financial adviser. Additionally, the Quilter platform will also now use the Faster Payments System for single ad hoc withdrawals and crystallisation payments. Anoth...