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

Jenna Towler
clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pension schemes' in-house advisers raise conflict of interest concerns

Pension schemes' in-house advisers raise conflict of interest concerns

Growing number of master trusts and DB schemes offering restricted advice

Laura Purkess
clock 18 February 2026 • 3 min read
Industry calls for whole market approach to FCA pension transfer reforms

Industry calls for whole market approach to FCA pension transfer reforms

Consultation responses suggest proposals risk creating ‘disjointed’ and ‘confusing’ experiences

Martin Richmond
clock 11 February 2026 • 7 min read
Scottish Widows launches investment options to boost DC private market opportunities

Scottish Widows launches investment options to boost DC private market opportunities

Unveils Lifetime Investment Plus and Lifetime Investment Extra funds

Holly Roach
clock 04 February 2026 • 2 min read