Fewer bankruptcies since the beginning of the financial crisis

OLYMPUS DIGITAL CAMERAAccording to recent figures released by RSM Tenon, the number of individuals declaring themselves bankrupt have reduced since the financial crisis. RSM Tenon, a firm of accountants and business consultants, has suggested around 25,000 borrowers resorted to insolvency to resolve their debt problems in the first three months of 2013. Bankruptcies are down by 16% on 2012 and are now at their lowest level since early 2008. Financial experts believe the report is encouraging, as it revealed full bankruptcies fell by ...

SIPPs: Mattioli Woods in £1.3 million deal to buy Ashcourt Rowan

SIPPs Mattioli Woods in £1.3 million deal to buy Ashcourt RowanThe pace of consolidation in the SIPP market moved up a level this week, with the news that Mattioli Woods has agreed to buy rival SIPP provider, Ashcourt Rowan. Mattioli Woods announced this morning, that they have bought the SIPP (Self-Invested Personal Pension) and SSAS (Small Self-Administered Scheme) business of Ashcourt Rowan for a reported £1.3 million. The deal will see Leicester based Mattioli Woods add an additional 600 SIPPs ...