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 ...
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