Xafinity eyes acquisitions as it plans to float on LSE
Xafinity has announced it will float on the London Stock Exchange from 16 February in a bid to grow the business and "disrupt" the wider consultancy market.
It plans to use its listed status to develop its public profile and access capital markets, which could then lead to it acquiring other businesses in the occupational and personal pensions sectors...
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The pensions industry in one word: What you said…
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Schemes ditch annuity brokers in favour of whole of market IFAs
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
Five news stories you may have missed this week
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
Exclusive: ITM acquires Profund Solutions from Mercer
ITM has acquired the products and assets of Profund Solutions from Mercer.
