On behalf of the Directors of Managed Accounts Holdings Limited (the Company or MGP) we are pleased to announce the results for the Company for the year ended 30 June 2014.
Growing interest from the financial advice industry and in particular, the independent financial advisory (IFA) market, supported by the Future of Financial Advice (FoFA) legislation and a desire to provide better solutions to their clients, has resulted in several groups implementing a managed account solution with MGP. Resultant increases in Funds Under Administration (FUA), coupled with a scalable business model has resulted in a successful year for the Company.
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