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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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Tilney invests £15m in new platform

Tilney has invested more than £15m in its new platform as it eyes further acquisitions. The wealth management group released its 2017 results today, reporting a 68 per cent increase in revenue to £226.5m. Tilney chief executive Chris Woodhouse calls the platform, which is expected to be completed soon, a “strategically important project”. The results […]

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