NS&I awards £1m jackpot advice contract to IFA

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Matrix Capital, a Shrophire-based advisory business, has been awarded the contract to provide financial advice services to winners of the National Savings & Investments (NS&I) monthly Premium Bonds £1m jackpot prize.

It follows a formal re-tender for the contract, which begins for IFA Matrix on 1 April. Close Brothers Asset Management had previously provided the service for eight years, but said it did not wish to take part in the re-tender. Matrix has two Chartered financial planners in CEO Robin Melley and Gary Matthews, and offers a six-step financial planning programme called The Financial Empowerment Programme. The monthly winner of the £1m jackpot can choose whether or not to accept Matrix's advisory service. Matrix chief executive Robin Melley said: "We are thrilled to have been chose...

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