SIPP and SSAS provider Dentons Pension Management has acquired Brown Shipley’s pension administration and professional trustee company for an undisclosed fee.
The deal will add 1,000 self-invested personal pensions (SIPPs) and 485 small self-administered schemes (SSAS) to the firm, as well as all 16 staff. Dentons' assets under administration will also grow beyond the £6.6bn mark as a result of the acquisition. Brown Shipley will continue to provide wealth planning, banking and investment management services to clients alongside Dentons. Dentons chairman Martyn Rose said: "These books of business are a great fit for us, with both firms sharing a similar ethos of high quality service and administration excellence, putting the client at the h...
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