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

Final migration this weekend

Sophie King
clock • 3 min read

Ahead of its final platform migration this coming weekend, Professional Adviser’s Sophie King speaks to OMW head of proposition Jeremy Mugridge about the latest updates and how he might (or might not) be celebrating

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FSCS deposit protection limit could rise to £110,000

FSCS deposit protection limit could rise to £110,000

Proposal would take effect from December 2025 if approved

Sahar Nazir
clock 31 March 2025 • 2 min read
PDG responds to FCA Pure Protection Market Study update

PDG responds to FCA Pure Protection Market Study update

Expanded terms of reference

Cameron Roberts
clock 31 March 2025 • 2 min read
Rathbones labels two funds under 'Sustainability Focus' category

Rathbones labels two funds under 'Sustainability Focus' category

Effective from 2 April

Sorin Dojan
clock 31 March 2025 • 1 min read