Quilter platform Old Mutual Wealth (OMW) has revealed the date for the first phase of its re-platforming to its new FNZ-powered technology.
OMW head of proposition and marketing Jeremy Mugridge (pictured) told Professional Adviser that the initial migration of assets onto its newly-built, FNZ-powered technology will commence the weekend of 22 February. "By 24 February, 100 advisers and about 10% of our assets will be using the new platform," he said. The next stage of the migration is set to be at the end of the summer. Mugridge said OMW, which will have spent £500m on its re-platforming project by the time it has completed, wrote to advisers at the beginning of January to let them know of the set date for the first migr...
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