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Quilter donates further £93,500 to Covid-19 appeal thanks to online platform account sign ups

11 June 2020

Quilter has announced it will donate a further £93,492 to the National Emergencies Trust (NET) following a successful drive to get its platform customers to activate their online accounts.

The Old Mutual Wealth platform committed to donating £3 to the National Emergencies Trust Coronavirus Appeal, via the Quilter Foundation, for every customer that activated their online account by the 12th May. 

Old Mutual Wealth is looking to increase the number of customers who sign up for online access so they can view their investments and documents digitally to ensure they remain as up to date as they can be during the Coronavirus crisis. The initiative also helps support Quilter’s Shared Prosperity Plan to help customers be more engaged in their long-term financial future.

Quilter had already donated £100,000 to the cause as it sought to raise awareness of the NET appeal more widely and is continuing to encourage the industry to donate to the cause. It will also match funds raised by employees donating to the appeal.

Steven Levin, chief executive officer of Old Mutual Wealth, comments:

“During these unprecedented times, our customer service team has been reviewing how we can continue to deliver the highest level of service that we’re committed to providing. Having been advised that Coronavirus may impact the availability of printing and postal services we wanted to get as many of our customers using our online services as possible.

“We have been really pleased with the response we have had from both customers and their advisers. With the added incentive of the donation to the National Emergencies Trust COVID-19 appeal, we hope people can get the online support they need from us, while knowing they have also benefited the communities in need.”

John Herriman, Chief Executive of the National Emergencies Trust, adds:

"We are very grateful for the fantastic work that Quilter is continuing to do to support the National Emergencies Trust. The response to the coronavirus emergency from different industries in the UK has been overwhelming and shows how every person and every type of business is pulling together. We will distribute this generous donation quickly to frontline charities and organisations who are supporting the hardest hit communities."

Notes to Editors:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £95.3 billion in customer investments (as at 31 March 2020).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions; and discretionary fund management.

The business is comprised of two segments: Advice and Wealth Management and Wealth Platforms.

Advice and Wealth Management encompasses the financial advice business, Quilter Financial Planning; the discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

Wealth Platforms includes Old Mutual Wealth UK platform and Quilter International, including AAM Advisory in Singapore.

The Old Mutual Wealth Heritage life assurance business was acquired by ReAssure Group Plc on 2 January 2020.

Since its IPO in June 2018, Quilter plc’s businesses have progressively rebranded to Quilter, as follows: 

  • Quilter Financial Planning (previously Intrinsic)
  • Quilter Private Client Advisers (previously Old Mutual Wealth Private Client Advisers)
  • Quilter Financial Advisers (previously Charles Derby Group)
  • Quilter Financial Adviser School
  • Quilter Cheviot
  • Quilter Investors
  • Old Mutual Wealth (becoming Quilter Investment Platform in 2020)
  • Quilter International (previously Old Mutual International)

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.