Rowanmoor Group has reported its largest yearly increase in scheme take-up in its six years of trading.
The pension specialist recorded a 107% rise in the number of schemes written in its trading year 2011/12. The growth brings the total number of schemes administered by the group to more than 6,800, with assets under admnistration of £3.4bn. Ian Hammond, managing director of Rowanmoor, said: "The new business figures recorded during the latest trading year show the momentum that Rowanmoor and its products have now achieved." The group's annual turnover, meanwhile, grew by 9% to £12.2m compared to 2010/11. Hammond said the group expects profits to excede the previous trading year ...
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