XPS Pensions has published interim results for the half year ending 30 September, posting total revenue of £56.3m and pre-tax profits of £4.4m.
The firm's results - published today (29 November) - reveal an 8% boost in revenue when compared to the same period in 2018 and a pre-tax profit growth of £3.3m. XPS said the total revenue growth was...
By improving their stewardship activity and collaborating together, schemes can reduce the burden on resources, says Lauren Peacock.
This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.
Pension Insurance Corporation (PIC) has raised £750m of new capital from its shareholders to fund a pipeline of new pension risk transfer deals expected to complete in 2020.
The Pensions Management Institute (PMI) has launched an alternative accreditation programme for professional trustees.