Press Releases

Intrinsic bolsters mortgage network
with new proposition manager

9 March 2018

Intrinsic is pleased to announce the appointment of Jackie Ashmore as proposition manager, reporting to mortgage network managing director, Gemma Harle.

Jackie joins the network with over 19 years of experience at both mortgage lenders and distributers. In the past six years she has supported lenders and brokers at John Charcol, an independent mortgage broker.

In her new role with Intrinsic, Jackie will work closely with mortgage network managing director, Gemma Harle, to help shape Intrinsic’s mortgage and protection proposition.

Following a strategic review in January 2017, Intrinsic launched a separate mortgage network to give greater focus and support to its advisers.

Intrinsic mortgage network proposition manager, Jackie Ashmore, says:

“I’m delighted to be joining the largest mortgage and protection network in the UK. Intrinsic has the scale and strength to build a market leading proposition.

“Housing demands have shifted and to meet these demands we need more innovative products such as inter-generational mortgages to help first-time buyers. The network is in a prime position to find opportunities like this and develop solutions.” 

Intrinsic mortgage network managing director, Gemma Harle, adds:

“Jackie is an excellent addition to the mortgage network, and brings in depth knowledge and experience. Her understanding of the current mortgage products and services out there is invaluable and will help Intrinsic ensure it is developing products and services that meet advisers’ and their clients’ needs.”

Notes to Editors:

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

Old Mutual Wealth oversees £131.3 billion in customer investments (as at 30 September 2017).

It has an adviser and customer offering spanning: Financial advice; investment platforms; multi-asset and single strategy 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 Old Mutual Wealth’s multi-asset investment solutions business.

Old Mutual Global Investors (‘OMGI’) is the asset management business of Old Mutual Wealth with £39.8bn funds under management (as at 30 September 2017). On the 19th December 2017, Old Mutual Wealth announced that it has agreed to sell its Single Strategy asset management business to the Single Strategy Management team and funds managed by TA Associates. The proposed transaction is subject to customary closing conditions, including regulatory approvals. 

Old Mutual Wealth is part of Old Mutual plc, a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 19.4 million (as at 31 December 2016) customers across the world and has a total of £212.3 billion of assets under management (as at 30 June 2017).

Following managed separation from Old Mutual plc, Old Mutual Wealth will rebrand to Quilter plc. Each of the businesses within the Quilter Plc group will be rebranded over a two-year period, with the exception of Quilter Cheviot, which will retain its existing name.

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Old Mutual Wealth Management Limited, a Private Limited Company (Company Number 0604270), Old Mutual House Portland Terrace Southampton Hampshire SO14 7EJ.    

Ref: 059-18-03

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