Quilter could delay final platform migration amid Covid-19

No plans to take advantage of government schemes

Hannah Godfrey
clock • 2 min read

Quilter has said the impact of Covid-19 could push back the second and final migration of clients onto its new FNZ-powered platform.

In a Q1 trading statement published on Tuesday morning (21 April), the advice giant explained the uncertainties surrounding Covid-19 meant the group was planning for a range of scenarios and outcomes while preparing to press ahead with the final migration at the end of summer 2020. It said its objective was to ensure "a smooth and safe platform transition, with timing schedule to reduce disruption for advisers and customers". However, the group acknowledged Covid-19 made the feasibility of achieving that on the current timeline more uncertain.  "The current national lock-down may impa...

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