Mattioli Woods: maintaining independence a 'big ask' for all firms

Jenna Towler
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Mattioli Woods' is to operate on a restricted basis after the Retail Distribution Review (RDR) but is still weighing whether to maintain independence on certain products.

Chairman Bob Woods said maintaining independence was a "big ask" for any firm - regardless of size or manpower. He added Mattioli Woods, like many other firms, had not made an absolute decision on independent or restricted but his "inclination" is that it would be largely restricted. Woods explained: "This is because, increasingly we do supply our own products and services. Obviously as a SSAS/SIPP practitioner they are own products and of course, SIPPs are now regulated. "We also have our own suite of syndicated property investments, we have just launched portfolio management whic...

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