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

 Rachel Vahey: Advisers and clients still need clarity on NMPA increase

Rachel Vahey: Advisers and clients still need clarity on NMPA increase

'HMRC has had years to clear this up but has sat on its hands'

Rachel Vahey
clock 11 March 2026 • 4 min read
Pension freedoms exposed a longevity problem we still refuse to confront

Pension freedoms exposed a longevity problem we still refuse to confront

'The gap between product complexity and consumer understanding is not narrowing'

Julia Fintz
clock 11 March 2026 • 4 min read
Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Complex Hartley Pensions administration continues amid 'misappropriated funds' investigation

Administration expected to conclude in 2027

Isabel Baxter
clock 10 March 2026 • 3 min read