Xafinity Sipp Services, part of the XPS Pensions Group, has reported assets under administration hit £2bn during the year ending 31 March 2018 with bosses boasting they had avoided the route taken by rivals.
The firm’s turnover increased by 9 % from £4.96m to £5.42m during the year ending March 2018 and profit before tax was reported to by up 36 % to £1.54m.
XPS Pensions Group plc (LON:XPS) is a UK specialist in pensions actuarial, investment consulting and administration, providing a wide range of services to over 1,000 pension scheme clients. The XPS Pensions Group combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies. The Group has roughly 900 employees, of which approximately 90 per cent are client facing, with 15 offices providing the Group with access to staff, expertise and clients across the UK.