A third of SME bosses would use IFAs to discuss business funding

Jenna Towler
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More than a quarter of SME owners would use independent financial advisers to discuss business funding, but most remain unaware they could source finance directly through their pension funds.

Research from pension-led funding specialists Clifton Asset Management (CAM) found 29% of small and medium sized business owners would use financial advice to investigate funding options. However, it found 73% of bosses are unaware of the concept of pension-led funding. The product uses business owners' pension scheme money to invest directly into their business through a self-invested personal pension (SIPP_ set up, overseen by a trustee company. CAM also works with the business to value its intellectual property - including patents, trademarks, brands and website domains. This ca...

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