Wealth manager Ashcourt Rowan has sold its remaining SIPP and SSAS business to Mattioli Woods.
The £355,000 sale will see the SIPP and SSAS business, which it obtained when it acquired UK Wealth Management, move to City Trustees, which is the pension and trustee arm of Mattioli Woods. > Read: Ashcourt Rowan completes acquisition of UKWM < The sale comprises the pension trustee companies, Acomb Trustees Limited, Simmonds Ford Trustees Limited and Ropergate Trustees Limited, and the trade and certain assets of Pensions Administration Limited. This follows the sale of Ashcourt Rowan's own SIPP and SSAS business to Mattioli Woods for £1.3m last year. Ashcourt Rowan said SIPP a...
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