23 July 2020
Quilter is pleased to announce it has partnered with Spill, specialists in workplace mental health, to launch new online resources and a personal counselling service for financial advisers and their staff.
Through this pandemic, financial advisers are facing increased demands and workload, while needing to remain calm to support their clients through major financial and life events. There is also, undoubtedly, concern among the adviser community over the impact of the current pandemic on the future sustainability of their businesses.
These pressures have the real potential to amplify anxiety and stress, and so Quilter firmly believes it is vital that advisers and their colleagues are able to access the support they need to maintain good mental health.
Spill aims to make therapy and counselling more accessible throughout the UK. All Spill therapists are registered with the British Association for Counselling and Psychotherapy, the UK Council for Physiotherapy or another UK Standards Authority governing body. Every Spill therapist has completed at least three years of academic therapy training and has at least 100 clinical hours under training supervision.
Resources from Spill include bitesize content such as how to approach news and social media, how to prevent burnout and how to beat daily anxiety. Spill also offers one-to-one support in different formats: a free ’ask a therapist’ service where advisers can browse real advice from therapists and suggest topics for them to cover; or alternatively one-to-one personal therapy sessions – which can be taken as a one off or over a course of 4-10 sessions. These are offered via Quilter’s There For You hub at a 30% discount.
All these services are completely confidential and can be found alongside many other resources aimed at supporting advisers businesses through Quilter’s There for You hub.*
Paul Feeney, CEO of Quilter: “This pandemic has changed much about the way we work, live, function and support each other. It has underlined the importance of human connections and having someone to turn to in times of need. It is more important than ever for us to take care of our mental health and at Quilter we want to make sure that every financial adviser, no matter the size of their firm, has the resources and support they need. By joining forces with Spill I hope that we will be able to help the advice profession access the emotional and mental health support they need and deserve.”
Calvin Benton, CEO of Spill: "Spill was founded to help broaden access to therapy and counselling support beyond just those with diagnosable mental health conditions. Especially given the events of 2020, we believe everyone can benefit from accessing support in various forms, helping us all to build resilience, self-awareness and stronger all-round mental health. There's a lot of lip service around the importance of mental health in businesses at the moment, and so it's incredible to see Quilter taking the strong stance of providing tangible support for all advisors and their staff."
Richard Fraser, Regional Financial Planning Director at Quilter Private Client Advisers and qualified Samaritan: “The nature of being a financial adviser means you often have to deal with complex client emotions. Unfortunately some of the biggest financial impacts in your life can be negative: illness, death, unemployment just to name a few. And anyone going through that is highly likely to be struggling.
“It’s important to remember that financial advisers are not counsellors and shouldn’t be expected to have the specialist skill set to deal with complex emotional or mental health problems. That being said, even just being a listening ear to someone’s problems can have an impact on your mental health. It’s vital that advisers have the support they need to ensure their own mental wellbeing, particularly as those tough conversations may start to increase.”
*Quilter is delighted to offer advisers access to Spill’s services but please note that Spill is an independent organisation providing specialist workplace mental health support. Any views, opinions and guidance provided by Spill is wholly independent and the inclusion of any Spill-related content on this site should not be regarded as an endorsement by the Quilter group of such content.
For more information contact
023 8091 6998
078 2414 5076
023 8072 6293
079 9000 4932
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.