Provider @SIPP grows business with SASS acquisition

The acquisition from Foden Baynes Associates brings total assets under administration at @SIPP to more than £850m. Alfa brings with it £150 in assets under administration. Gill Baynes, director of Essex-based Alfa Trustees, will join the @SIPP management team as head of SSAS while all other Alfa Trustees and Foden Baynes SSAS employees will also transfer to the firm. Managing director Eddie McGuire said: "The SSAS market is a core component of our growth strategy and this deal complements our existing SSAS expertise, and at the same time, provides wider distribution opportunities in t...