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XPS Pensions

From Wikipedia, the free encyclopedia
British financial services business

XPS Pensions
Company typePublic
LSEXPS
IndustryFinancial services
Founded2009; 16 years ago (2009)
HeadquartersReading, England
Key people
ProductsPension consulting and administration
RevenueIncrease£199.4 million (2024)[1]
Increase£49.5 million (2024)[1]
Increase£67.0 million (2024)[1]
Websitewww.xpsgroup.com

XPS Pensions is a British financial services business specialising inpensions consulting and administration. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.[2]

History

[edit]

The company was established as a pensions consultancy and administration business withinEquiniti in around 1990. It then adopted the brand name, Xafinity. It acquired a rival firm, Hazell Carr, in April 2008.[3]

CBPE acquired the business from Equiniti in February 2013: it was then the subject of aninitial public offering on theLondon Stock Exchange in February 2017.[4]

It acquired another rival firm, Punter Southall & Co., in January 2018 and then changed its name to XPS Pensions in May 2018.[5]

It went on to acquire the corporate pensions business ofRoyal London Group in May 2019[6] and to buy Trigon Professional Services in November 2019.[7][8]

References

[edit]
  1. ^abc"Annual Report 2024". XPS Pensions. Retrieved10 February 2025.
  2. ^"FTSE UK Index Series – Indicative Quarterly Review Changes June 2024". FTSE Russell. 28 June 2024. Retrieved30 May 2024.
  3. ^"Xafinity buys Hazell Carr".Professional Pensions. 7 April 2008. Retrieved30 May 2024.
  4. ^"CBPE completes IPO of Xafinity".Private Equity Wire. 16 February 2017. Retrieved30 May 2024.
  5. ^"Xafinity changes name following acquisition".S&P Global. 18 May 2018. Retrieved30 May 2024.
  6. ^"XPS to buy Royal London's corporate pensions business".Professional Pensions. 1 May 2019. Retrieved30 May 2024.
  7. ^"XPS: boring is good".Investors Chronicle. 2 July 2020. Retrieved30 May 2024.
  8. ^"XPS acquires Trigon as admin and investment business grows".Pensions Age. 28 November 2019. Retrieved30 May 2024.

External links

[edit]
FTSE 100FTSE 250 companies of the United Kingdom →FTSE SmallCap
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