SIPP provider and wealth manager Mattioli Woods has reported a near 73% rise in revenue for the year ended 31 May thanks to a rapid acquisition programme.

Women are, on average, working for nearly four additional years before exiting the labour market compared to the counterparts in the mid-nineties, new statistics from the ONS revealed this week.

Better Retirement Group Ltd, a pension adviser which has used nearly 40 trading names including SIPP Club, has today been placed under investigation by the Financial Services Compensation Scheme.

Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.

Adviser platform and SIPP provider Parmenion is to acquire Chartered Planner-run investment firm EBI Portfolios for an undisclosed sum.

Discretionary fund manager and SIPP provider 7IM has added an Adventurous Plus model to its Blended Model Portfolio Service (MPS) range.