Provider @SIPP grows business with SASS acquisition

Completed six figure deal

Jenna Towler
clock • 1 min read

Specialist pension provider @SIPP has acquired Alfa Trustees in a deal which expands its small self-administered scheme (SSAS) book of business.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Divorce, pensions and professional collaboration in the HNW world

Divorce, pensions and professional collaboration in the HNW world

'Beware the attraction of the simple solution'

Richard Kershaw
clock 16 February 2026 • 3 min read
A century of the state pension – and why the next redesign is overdue

A century of the state pension – and why the next redesign is overdue

'A pension promise only works if contributors believe it is fair and durable'

Adam Cole
clock 16 February 2026 • 4 min read
Pensions: The overlooked asset in divorce settlements?

Pensions: The overlooked asset in divorce settlements?

Practical steps to narrow the divorce pension gap

Alistair Myles
clock 11 February 2026 • 5 min read