Dentons Pension Management has acquired the self-invested personal pension (SIPP) book from MAB Pensions, part of the Michael Ambrose group, the Leicester based financial advice and pension administration providers for an undisclosed sum.
The acquisition will see Dentons add approximately 125 SIPP plans to its existing book, which it said now totals over 4000 high net worth SIPP and small self-administered scheme (SSAS) clients. Dentons joint managing director Ian Stewart said: "We have made no secret that we are an acquisitive firm, but it has to be for the right business or SIPP book. "We were pleased to be in discussions with Michael Ambrose group as it is a perfect fit for us being high quality and with the same underlying ethos of placing the client at the heart of everything we do. "Our due diligence of the SI...
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