Pension and employee benefits specialist Mattioli Woods (MTW) is already reaping the benefits of a surge in demand for consultancy and advice, following major government changes to the way individuals can manage their pensions. "This is a massive opportunity," explains chairman Bob Woods, who sees limitless scope for the group to extend its client advisory business. "Almost everybody with any sort of assets or pension will need financial advice following these changes."
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Although the changes do not come into full effect until April, Mattioli's investments in new staff are already bearing fruit. Stripping out a number of acquisitions, the group achieved organic revenue growth of 20 per cent in the first half of the year.