Close Wealth Management's fee-based business model is the reason it has been awarded a three-year contract extension to advise the two monthly winners of the £1m Premium Bond jackpot.
National Savings & Investments (NS&I), which awarded the contract, says the firm’s “straightforward and transparent fee-based structure made them the best possible support that we can offer Premium Bond millionaires”. Close has been providing the service for the last four years but NS&I says it had received a number of applications from advisers across the UK to take on the role from this month. Jackpot winners can opt for advice from Close, beginning with an initial consultation and further sessions depending on their individual needs. John Prout, NS&I sales director, says: “Our Prem...
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