Mattioli Woods

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.

Bank of Scotland has appointed Mattioli Woods to operate its £140m Pilgrim SIPP.

Wealth manager and pensions consultancy Mattioli Woods is preparing for the launch of a discretionary portfolio management service after securing investment permissions from the FSA.

Retirement Planner's roundup of the top pensions stories this week.

SIPP specialist and wealth manager Mattioli Woods has acquired TCF Global Independent Financial Services and its subsidiary, Kudos Independent Financial Services, in a deal worth up to £8.69m.