Budget speculation helps Quilter book record £2.4bn inflow

Increase of 21% on the same period in 2024

Steve Levin CEO Quilter
1–2m

Quilter booked a record £2.4bn net inflow in the fourth quarter of 2025 as its total assets climbed to £141.2bn.

The increase of 21% on the same period in 2024 took full year 2025 core net inflows to £9.1bn, a 75% rise on 2024 (£5.2bn). The rise in total group assets to £141.2bn represented a 5% increase from 30 September and an 18% increase over the year.

The firm said speculation over the Budget in November contributed to ‘elevated client activity’, impacting both inflows and outflows.

In the IFA channel, net inflows of £1.62bn were 29% higher than the comparable period in 2024. Net inflows for 2025 were 92% up year-on-year. The UK advised platform’s assets topped £100bn.

Steven Levin, chief executive, said: “We finished the year with strong momentum. The fourth quarter was our strongest quarter of the year, despite market uncertainty caused by speculation on potential tax changes ahead of the UK Budget at the end of November.

“Our performance in 2025 demonstrates the strength of our two distribution channels. Our scale, distribution reach and compelling propositions make us uniquely positioned to meet our customers’ needs and to benefit from the secular growth opportunity that the UK wealth market offers.”

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