Platform One buys Gaudi assets and trustee firm in £1bn deal

Agreement will see Platform One launch its own on-platform SIPP

Hope William-Smith
clock • 1 min read

Platform One is set to acquire the operation of more than £1bn self-invested personal pension (SIPP) assets currently administered by Gaudi.

The deal - announced today (26 April) - will also see the wrap platform provider acquire Gaudi Trustees. Platform One confirmed that the addition of Gaudi staff into its business will allow it to launch its own on-platform SIPP. "With the upcoming launch of our new SIPP, we will deliver a more rounded proposition for our IFA customers and their clients," said chief executive Alex Cowan-Sanluis. It confirmed it has gained permissions to run a SIPP alongside the deal and hopes to "offer a more holistic offering to its IFA users and their clients". Gaudi will be rebranded to Platfo...

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

Pensions gender gap: A low-profile injustice that deserves more attention

Pensions gender gap: A low-profile injustice that deserves more attention

'Pensions are one of the few financial products where time is the single biggest driver of outcome'

Jessica Cook
clock 24 August 2026 • 4 min read
Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read