QUILTER PLC - Closure of Financial Conduct Authority Investigations

Closure of Financial Conduct Authority Investigations

 QUILTER PLC
(previously, Old Mutual Wealth Management Limited)
Incorporated under the Companies Act 1985 with registered number 06404270 and re-registered as a public limited
company under the Companies Act 2006)
ISIN CODE: GB00BDCXV269
JSE SHARE CODE: QLT
Quilter plc (the "Company")



For Immediate Release


19 September 2018
                                                   Quilter plc

                              Closure of Financial Conduct Authority Investigations


                 Quilter plc (“Quilter”) notes the announcement by The Financial Conduct
                 Authority (“FCA”) this morning that its remaining investigations into firms,
                 following its thematic review into the fair treatment of longstanding
                 customers in the life insurance sector, have each been closed.

                 The FCA has stated that the conduct of Old Mutual Wealth Life Assurance
                 Limited (“OMWLA”), a wholly owned subsidiary of Quilter, did not warrant
                 enforcement action. The FCA has also stated that, as with other firms
                 that were subject to the investigation, some issues have been identified
                 during the investigations, and these are being addressed with the FCA as
                 part of the ongoing supervision of OMWLA. OMWLA’s voluntary
                 remediation programme announced in March 2018 continues and is
                 unaffected by today’s announcement.



                                                     - ends -

Enquiries:

Investor Relations
John-Paul Crutchley                                +44 20 7002 7016

Media:
Vee Montebello                                     +44 20 7778 9550

Camarco
Geoffrey Pelham-Lane                               +44 20 3757 4985

Aprio (South Africa)
Julian Gwillim                                     +27 11 880 0037
About Quilter plc

Quilter plc is a leading wealth management business in the UK and internationally, helping to create
prosperity for the generations of today and tomorrow.

Quilter plc oversees £116.5 billion in customer investments (as at 30 June 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset
investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM
Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual
Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and the Multi-
asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

        -   The Multi-asset business is now Quilter Investors
        -   Intrinsic to Quilter Financial Planning
        -   Private Client Advisers is now Quilter Private Client Advisers
        -   The UK Platform to Quilter Wealth Solutions
        -   The International business to Quilter International
        -   The Heritage life assurance business to Quilter Life Assurance
        -   Quilter Cheviot will retain its name




JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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