Anchor Link Does Nothing

I have tried multiple variances of suggested anchor link tags and nothing works. When I click the “UPDATED” link, it does absolutely nothing.

RTE is off.

I have tried —

<a href="#update">Update</a>
with
<a name="#update">text</a>

<a href="#update">Update</a>
with
<a name="#update">text</a>

I have also substituted ID for NAME with no success.