SIPP and investment group Embark has rebranded the Zurich Investment and Retail Platform after completing the takeover of the business.
Embark Group, the owner of Rowanmoor, has restructured its pensions businesses with a new joint chief exec to run them and two senior executives leaving.
Three major fund managers have pumped £39.4m into the retirement and SIPP provider Embark Group to help fund growth and acquisitions.
SIPP and SSAS specialist EBS Pensions, part of the diverse Embark Group, has reported an 89% increase in client numbers and a pre-tax profit of £1.55m after making a loss the previous year.
The acquisitive Embark Services Group, parent company of Sipp provider Rowanmoor and platform Avalon, reported pre-tax losses widening last year from £1.46m to £2.36m.
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