XPS Pensions

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]

XPS Pensions
Company typePublic
LSE: XPS
IndustryFinancial services
Founded2009
HeadquartersReading, England
Key people
Alan Bannatyne (Chairman)
Paul Cuff (Co-CEO)
Ben Bramhall (Co-CEO)
Revenue £166.6 million (2023)[1]
£36.9 million (2023)[1]
£22.7 million (2023)[1]
Websitewww.xpsgroup.com

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]

References
  1. "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.
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