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Mattioli Woods to withdraw from DB transfer market

National IFA Mattioli Woods has pulled out of the defined benefit transfer market following a review. In a trading update, the wealth manager says that following a review it has decided to withdraw from the DB transfer market due to rising costs and increasing regulation. The update says: “Following consideration of the increasing costs of professional […]

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Kim North: A triage service will help the advice gap

The night after I attended the excellent Money Marketing Awards evening I went to a Foo Fighters gig, where before and after, I was engaged in seven different conversations with friends about financial issues. A few friends had tried to pay for financial advice but were put off by London-based financial adviser charging costs. After […]

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Sipp market tipped to see £2bn growth each year

The Self-Invested Personal Pension market has grown 55 per cent since 2016 and is now worth £2.4bn, according to a report published today. A study by analytics firm GlobalData cites figures from the Association of British Insurers to explore how the market has grown. It finds customers are using Sipps to consolidate their pensions, with […]

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