Quilter has recorded a 48 per cent year-on-year increase in its net inflows, which totalled £2.2bn in the third quarter.

The financial services firm stated that this is the third consecutive quarter that net inflows exceeded £2bn.

As of 30 September, Quilter’s group assets under management and administration (AUMA) stood at £134.8bn, increasing by 7 per cent.

In the year to date, the firm’s core net inflows totalled £6.7bn, comfortably exceeding its total of £5.2bn in 2024.

Its affluent segment recorded quarterly inflows of £2.05bn, while its channel gross and net inflows onto the platform increased year-on-year by 19 per cent and 15 per cent respectively.

Quilter added that business momentum in its high-net-worth segment was solid, with gross inflows of £758m, which remained broadly consistent with its first half quarterly run rate.

Quilter chief executive officer, Steve Levin, said the firm had demonstrated "strong consistency" across the period.

He added: "Ahead of the UK Budget in November, there is heightened press speculation regarding personal tax changes that may impact households’ carefully constructed retirement plans. Potential policy changes should be consistent with the wider goal of building a broader investment culture in the UK.

"We therefore believe that meaningful changes should only be implemented after due consultation and with appropriate transitional arrangements to maintain consumer confidence in long-term savings and investment plans that are essential to good retirement outcomes.

"While the policy environment may evolve, there is a need for increased investment by UK consumers. Quilter is well-placed to meet this need."

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