Embark Group has purchased all the trading assets of Liberty SIPP through its subsidiary EBS Pensions, for an undisclosed fee.
The combined business, which will be operationally led by Liberty directors John Fox and Julie Dean, brings together £6.8bn assets under administration (AUA) and a combined book of 32,000 self-invested...
But steady transfer values
Defined contribution (DC) pension wealth in the UK has more than doubled since the start of auto-enrolment in 2012, raising concerns about lost pensions.
'This sleepy corner on the occupational pension world is ripe for a service upgrade'
Entered administration in February
Part of its Transfer Watch tracker
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams