A Bristol-based firm that has recently opened an office in Glasgow to advise businesses on alternative pension-led funding has rebuffed criticism that its strategies are too risky.
A Bristol-based firm that has recently opened an office in Glasgow to advise businesses on alternative pension-led funding has rebuffed criticism that its strategies are too risky.
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SIMON BAIN
Clifton Asset Management has said the funding model has the potential to provide £100 billion of finance to bank-starved SMEs, and has already helped 1200 firms and secured 10,000 jobs.
It works by using a business owner's self-invested pension to inject money into his company, secured against its independently-valued intellectual property (IP).
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