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XPS Pensions has promoted 11 new partners and more than 150 people across its actuarial, pensions, investment, administration, SIPP and analytics businesses.

Pension group XPS has reported flat profits for the 12 months ending 31 March at £11.4m but remains positive about the year ahead.

XPS Pensions Group, the recently enlarged SIPP, pensions and consulting business, has reported total revenue for the 12 months to March increased by 27% from £52m the previous year to £66m.
Sipp provider and pensions consultant Xafinity has announced plans today to buy several divisions from rival Punter Southall Holdings for up to £153m.

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