Hornbuckle Mitchell reports record business growth in 09

The SIPP and income drawdown specialist says the strong momentum experienced in the first three months has continued through April and May. SIPP and SSAS revenue has grown by around a quarter compared to Q1 2008 and scheme numbers now exceed 12,000. Employee numbers have hit 200 for the first time, the company says. Hornbuckle Mitchell's 26% growth is especially noteworthy as the market is growing at around 20%, says Dave White, managing director at the firm. "There are long-term trends favouring self-invested pensions which are being reinforced by the recent economic turmoil," he s...