Provider and administrator iPensions Group has bought a book of legacy self-invested pension scheme business from Morningstar Wealth Retirement Services.
It bought the portfolio of self-invested personal pensions (SIPP) and small self-administered schemes (SSAS), the associated trust company and also takes over as operator and administrator. The off-platform SIPP and SSAS book features a broad range of invested assets including property, iPensions Group said. iPensions Group chief executive Sandra Robertson said: "This latest acquisition exemplifies our focus on identifying and transferring books of business where schemes and their members will benefit from our deep technical expertise and commitment to administrative and technologica...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
