Quilter eyes armed forces for adviser recruits

Quilter eyes armed forces for adviser recruits

Quilter has signed an agreement with the UK armed forces to encourage retiring service personnel to pursue a career in financial services.

Quilter chief executive Paul Feeney and Brigadier Andy Wright signed the Armed Forces Covenant, a government initiative that sees firms commit to supporting the armed forces.

Quilter said its support will predominantly come via its adviser school, with the company actively seeking to recruit retiring military personnel.  

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The company said it has also instigated a support network within the business, with the aim of assisting the veterans it hires.

Paul Hucknall, HR director at Quilter said: "I am very proud we’ve signed the Armed Forces Covenant as it not only develops diversity and adds valuable capability to our business but also celebrates the significant contribution these men and women have made to our country.

"Veterans exhibit many of the capabilities and values we as a business look for in our people and this initiative aims to support these people as they transition into their new careers."

Alastair Rush, an independent financial adviser who spent 20 years in the armed forces before setting up Echelon Wealthcare in Rutland, said the skills he learned in the armed forces have proved to be of "immeasurable" benefit to his subsequent career as a financial adviser.

He said: "I think good planning is a part of everyday life in the military. I was deployed from the Arctic to Central Africa in the space of a week."