Quilter is considering selling Old Mutual Wealth Life Assurance Ltd.
The firm confirmed in a statement that it is undertaking a strategic review, which includes this possibility.
Quilter’s board is yet to make a decision on any options, meaning there is currently no certainty if or when any transaction will be concluded.
A further announcement will be made if and when appropriate.
Quilter, which oversees £114.9 billion in investments as at 31 March 2019, was formerly known as Old Mutual Wealth Management Limited. The company was formed as Old Mutual plc carved off its wealth management business in...