OMW's Mugridge on final migration: 'No champagne cork popping just yet'

In a letter sent to advisers in January, Old Mutual Wealth (OMW) confirmed the dates for the final stages of its migration. As of Monday morning (1 March), all of the remaining assets on the older OMW platform will have moved onto its new FNZ-powered technology over the three-day period. The final migration will include approximately 5,500 adviser firms, which represent around 20% of assets on Quilter's OMW platform. While many at OMW will be breathing a huge sigh of relief, Mugridge says that he sees this weekend as a mix of the company getting to the finish line and only just approa...