Alltrust Services said this afternoon (3 March) that it has completed the acquisition of Rowanmoor Personal Pensions self-invested personal pension (SIPP) and family pension trust (FPT) business.
Alltrust is an established provider of trusteeship and administration services for various types of pension schemes, including SIPPs and SSASs.
The company has been operating since 2005 and it is also part of the UAP Group, a leading international financial services group headquartered in Guernsey.
The acquisition of the Rowanmoor's SIPP and FPT business would allow expansion of the portfolio of clients and enhancing its capabilities to offer bespoke solutions for retirement planning, the statement said, adding "we are committed to providing high-quality service and support to all our existing and new clients, as well as their advisers."
Some of the benefits of choosing Alltrust Services include:
• A wide range of product options, from a low-cost Oasis SIPP to a flexible Family Pension Trust
• A full range of FCA standard investments, such as cash funds, deposits, equities, funds, bonds and dedicated team for handling commercial property
• Access to various platform providers and discretionary fund managers
• Expert guidance and personalised service from our dedicated team
James Floyd, managing director of Alltrust, said: "We are very pleased to welcome Rowanmoor's clients and staff to Alltrust. We value their experience and expertise, and we look forward to working with them to achieve their retirement goals."
Rob Shipman, the Group CEO of UAP, said: "This acquisition is a strategic move for UAP as we continue to grow our trust and pension business. We look forward to welcoming the highly professional staff into the UAP Group as it is a perfect fit for us, as they share our vision of providing innovative and flexible solutions for our clients."
