My Pension Expert secures £6.6m refinancing deal

'New venture set to launch in the coming months'

Julia Bahr
clock • 2 min read

Doncaster-based retirement adviser My Pension Expert has completed a refinancing deal with alternative fund manager Frontier Development Capital (FDC), the firm revealed.

It completed the £6.6m refinance deal by way of non-amortising facilities with FDC on Wednesday 18 November. According to My Pension Expert, the deal will free up significant cashflow and enable the company to continue providing tailored advice to clients looking to consolidate their pension, whilst simultaneously pursuing new projects and hasten company growth. My Pension Expert said it has seen significant year-on-year growth in both turnover and profitability throughout the pandemic. Advised by Yorkshire-based corporate finance specialist, Castle Square, the firm's management te...

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 Your Business

Advisers reveal if they have a centralised retirement proposition

Advisers reveal if they have a centralised retirement proposition

Industry splits with 46% saying yes and 42% saying no

Isabel Baxter
clock 16 April 2024 • 1 min read
All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 15 April 2024 • 1 min read
PA Management Retreat 2024: Secure your place for our May event!

PA Management Retreat 2024: Secure your place for our May event!

Targeted two-day specialist event for owners and directors of advice firms

Professional Adviser
clock 15 April 2024 • 1 min read