Investment platform TILLIT to shut down

No new accounts can be opened and it will close on 12 September

Sorin Dojan
clock • 1 min read

Investment platform and pension provider TILLIT has notified its customers of its decision to shut down.

The business said the move comes after it failed to secure the level of funding needed to continue operating the business. According to a separate client email seen by PA's sister title Investment Week today (25 June), new accounts can no longer be set up with TILLIT, with the platform ceasing to exist from early September. TILLIT will work alongside several key partners, including Seccl Custody and the Financial Conduct Authority, to ensure an orderly wind-down process "that avoids client harm and upholds the highest standards of care". "When we started TILLIT, our mission was to ...

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 Companies

SJP adviser departure sparks dispute over who owns client relationships

SJP adviser departure sparks dispute over who owns client relationships

Rob Stroud left SJP for True Potential after 18 years

Isabel Baxter
clock 08 October 2026 • 4 min read
Aberdeen sells half of stake in Standard Life for £436m

Aberdeen sells half of stake in Standard Life for £436m

Retains 5.2% holding

clock 08 October 2026 • 1 min read
Milecross Financial makes six acquisitions since Openwork buyout

Milecross Financial makes six acquisitions since Openwork buyout

Three more acquisitions in the pipeline

Isabel Baxter
clock 08 October 2026 • 2 min read