UK Platform Transformation Programme
Optimisation: A phased, multi-year programme
Laying the path to Quilter becoming the best version of itself that it can be
1.
Phase 1:
Operational efficiencies
Phase 2:
Streamline
Efficiency initiatives to deliver
improvements in operational
performance
Widen scope of efficiency plan to
streamline the business post-PTP
Transition to a simpler,
high growth business
Targeting c.2 percentage point
operating margin improvement
by 2020 and a further
2 percentage points by 20211
Further detail to be provided in
due course
2019-2021
Post-completion of UK Platform
Transformation Programme
The Group noted in its 1Q 20 Trading Statement, published 21 April 2020, that it no longer expects to meet its targeted 27% operating margin for 2020 due to lower market
levels leading to lower AuMA and hence revenues. It should equally be noted 2021's operating margin target will be subject to market performance.
Quilter
22
22View entire presentation