Mattioli Woods has stopped operating in the defined benefit (DB) transfer market blaming the increased cost of professional indemnity (PI) insurance and heightened regulatory scrutiny.
The wealth manager withdrew from the DB transfer advice market in June but, in a trading update released today, it said it had now decided to withdraw completely. It added the area was a small part of...
‘Gareth Southgate Wealth Management’
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PA Awards deadline is 28 September