Mattioli Woods

QUICK QUIZ

Pensions consultant and wealth manager Mattioli Woods has bought Thoroughbred Wealth Management (TWM) in a £6m deal.

Fiona Murphy asks what the new paper on platforms could mean for SIPP operators

Retirement Planner's round-up of the top pension stories this week.

Wealth manager Mattioli Woods has acquired the pension administration business of Ashcourt Rowan in a deal which could be worth more than £1.3m.

Underlying profits at Mattioli Woods were up by over a quarter to £2.5m and total client assets rose to £3.2bn in the six months to November last year show.

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.

Adviser and SIPP provider Mattioli Woods said the acquisition of Kudos Independent Financial Services 12 months ago helped boost its full-year wealth management revenues by almost 50%.

Fiona Murphy looks at the growing interest in Islamic pension products and SIPP investments

Mattioli Woods has launched an in-house discretionary portfolio management service.