XPS Pensions

Last updated

XPS Pensions
Company type Public
LSE:  XPS
Industry Financial services
Founded2009
Headquarters Reading, England
Key people
Alan Bannatyne (Chairman)
Paul Cuff (Co-CEO)
Ben Bramhall (Co-CEO)
RevenueIncrease2.svg £166.6 million (2023) [1]
Increase2.svg £36.9 million (2023) [1]
Increase2.svg £22.7 million (2023) [1]
Website www.xpsgroup.com

XPS Pensions plc is a British financial services business specialising in pensions consulting and administration. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]

Contents

History

The company was established as a pensions consultancy and administration business within Equiniti 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 an initial public offering on the London 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 of Royal London Group in May 2019 [6] and to buy Trigon Professional Services in November 2019. [7] [8]

Related Research Articles

<span class="mw-page-title-main">FTSE 100 Index</span> British stock market index

The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chip companies listed on the London Stock Exchange.

DCC plc is a leading Irish international sales, marketing and support services group. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

Close Brothers Group plc is a UK merchant banking group which provides lending, takes deposits, manages wealth and trades in securities. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Northern Foods</span> Food company based in Britain

Northern Foods is a British food manufacturer headquartered in Wakefield, England. It was formerly listed on the London Stock Exchange and was a constituent of the original FTSE 100 Index. The company is credited, together with Marks & Spencer, with creating the UK Chilled Food category. The driver of this growth was Christopher Haskins, the son-in-law of the company's founder Alec Horsley. Haskins became a director in 1967, deputy chairman in 1974, and was chairman from 1980 to 2002. The company was delisted in 2011 when it was bought by the 2 Sisters company.

<span class="mw-page-title-main">Kier Group</span> British construction, services and property group

Kier Group plc is a British construction, services and property group active in building and civil engineering, support services, and the Private Finance Initiative.

<span class="mw-page-title-main">Bank of Georgia</span> Bank headquartered in Tbilisi, Georgia

Bank of Georgia Group PLC is a UK incorporated financial services holding company with its registered office in London, England, and its corporate headquarters in Tbilisi, Georgia.

<span class="mw-page-title-main">London Stock Exchange Group</span> British financial services company

London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure. Headquartered in the City of London, England, it owns the London Stock Exchange, Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb.

<span class="mw-page-title-main">Intermediate Capital Group</span> Asset management company

Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. It is headquartered in London, England, with offices in a further 16 countries, and is a constituent of the FTSE 100 Index.

The Law Debenture Corporation plc is a British-based investment trust dedicated to a diversified range of investments. It also provides a range of fiduciary services including appointment of agents, directors and trustees for pension funds, trusts and companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Maxwell Communication Corporation plc was a leading British media business. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It collapsed in 1991 following the death of its titular owner.

<span class="mw-page-title-main">Phoenix Group</span> British insurance company

Phoenix Group Holdings plc is a provider of insurance services based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Primary Health Properties</span>

Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index

Shaftesbury Capital, formerly Capital & Counties Properties plc, (Capco) is a United Kingdom-based property investment and development company focused on sites in the West End of London, including Covent Garden, Chinatown London and Carnaby Street, Soho.

FTSE Russell is a subsidiary of London Stock Exchange Group (LSEG) that produces, maintains, licenses, and markets stock market indices. The division is notable for the FTSE 100 Index in the UK and the Russell 2000 Index in the US, among others.

<span class="mw-page-title-main">JTC plc</span> Fund manager

JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Abrdn</span> UK based investment company

Abrdn plc, formerly Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Supermarket Income REIT</span> Property Holding in London

Supermarket Income REIT is a property company which invests in retail property and holds a large portfolio of supermarkets. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Target Healthcare REIT is a property company which invests in healthcare and holds a large portfolio of care homes. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Alpha Group International</span> British financial services business

Alpha Group International plc is a British financial services business specialising in the management of foreign exchange risk for corporate businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

References

  1. 1 2 3 "Annual Report 2023" (PDF). XPS Pensions. Retrieved 30 May 2024.
  2. "FTSE UK Index Series – Indicative Quarterly Review Changes June 2024". FTSE Russell. 28 June 2024. Retrieved 30 May 2024.
  3. "Xafinity buys Hazell Carr". Professional Pensions. 7 April 2008. Retrieved 30 May 2024.
  4. "CBPE completes IPO of Xafinity". Private Equity Wire. 16 February 2017. Retrieved 30 May 2024.
  5. "Xafinity changes name following acquisition". S&P Global. 18 May 2018. Retrieved 30 May 2024.
  6. "XPS to buy Royal London's corporate pensions business". Professional Pensions. 1 May 2019. Retrieved 30 May 2024.
  7. "XPS: boring is good". Investors Chronicle. 2 July 2020. Retrieved 30 May 2024.
  8. "XPS acquires Trigon as admin and investment business grows". Pensions Age. 28 November 2019. Retrieved 30 May 2024.