Mattioli Woods backs dementia charity

Wealth management specialist Mattioli Woods has named Alzheimer’s Research UK as its charity of the year.

The nationwide organisation, which has an office in Preston, plans to raise £150,000 over the next two years which will help boost research, improve treatments and raise awareness about dementia.

Mattioli Woods chose the charity, believing it to be 'the biggest single problem facing health services today', and one that is impacting many of its employees and clients.

Employees, clients and partners will be encouraged to raise money for the charity through a series of fundraising events, from bucket collections to payroll giving, sporting events, dinners and seasonal activities.

Ian Mattioli, chief executive officer of Mattioli Woods, said: "Dementia is one of the most misunderstood conditions in the UK and the money raised by Mattioli Woods is going to fund ground-breaking research that will change the lives of people impacted by it.

"We started out in business many years ago as retirement planners and still look after many of our original clients. We have seen first-hand the devastating effect dementia has on families, and we look forward to making a huge difference over the next two years."

Dementia is one of the most misunderstood conditions in the UK.

Paul Glazier, head of corporate partnerships at Alzheimer's Research UK, said: "More than half of us will know someone living with dementia today. Despite this, there are no treatments to slow, stop or prevent the diseases, like Alzheimer’s, that cause dementia. But with the incredible support of Mattioli Woods, we will be able to make breakthroughs possible and change the lives of everyone impacted by this devasting condition."

Mattioli Woods began the drive with an initial donation of £25,000.