Quilter pre-tax revenue rises by 5% in first half

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Monetary planning agency Quilter has reported adjusted
revenue earlier than tax of £115m for the primary half of the 12 months, up 5% from the primary
half of 2018.

Excluding Quilter Life Assurance (GLA), which is being
offered to ReAssure, income elevated by 7% to £89m.

Product sales (excluding QLA) totalled £6bn, up from £7.9bn
a 12 months in the past.

Quilter mentioned its enterprise optimisation and price saving initiatives are progressing nicely, with £11m of advantages realised for 2019.

Paul Feeney, chief government officer, mentioned following the acquisitions of Charles Derby Group and Lighthouse plc, the enterprise has consolidated its place because the second largest retail advisory enterprise within the UK.

“We’re on a mission to make recommendation extra valued and
accessible, and need Quilter to be recognised as one of the best place to go for trusted
monetary recommendation within the UK,” he acknowledged.

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