Acquisition of the Pension Partnership Limited
We are delighted to announce that on the 29th November we acquired The Pensions Partnership Limited a Leeds based SIPP and SSAS administration business. This will add approximately 380 SIPPs and 360 SSASs to the existing book and takes our assets under administration to over £3.5bn, all permanent staff will be retained.
We have been looking to expand our footprint in the north of England and this business provides an excellent opportunity for us to do this. We do not undertake acquisitions lightly and it is important to identify those businesses that are well run, have high quality staff and will not impact the high standards of service that current clients and advisers receive. We look forward to having the staff and their clients join us.