1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. XPS Pensions Group plc
  6. News
  7. Summary
    XPS   GB00BDDN1T20

XPS PENSIONS GROUP PLC

(XPS)
  Report
Delayed London Stock Exchange  -  11:35 2022-07-01 am EDT
130.00 GBX    0.00%
07/01TITLE : Carbon Reduction Pathways - How your pension scheme investments can become Net Zero aligned now
PU
06/29TITLE : XPS Pensions Group appoints Jo Carter as a new Partner in Risk Settlement Business
PU
06/28TRANSCRIPT : XPS Pensions Group plc - Special Call
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

RSM advises on UK sale of specialist independent actuarial consultancy

02/08/2022 | 08:07am EDT

RSM has advised specialist independent actuarial consultancy, Michael J Field Consulting Actuaries (MJFCA), on its sale to XPS Pensions Group, a leading UK pensions consultancy.

MJFCA was established more than 30 years ago in Manchester and specialises in advising on all aspects of small, self-administered pension schemes (SSASs) and self-invested personal pension schemes (SIPPs). Founded by Michael J Field, the company works closely with HMRC as part of its pension scheme offering across the North of England.

Based nationally in multiple offices in the UK, XPS Pensions Group offer services in pensions, investment and administration, advising on more than 1500 pension schemes, administering pensions for over 930,000 members.

The acquisition of MJFCA provides an opportunity to synergise the two businesses, supporting XPS Pensions Group's ambitions to further expand its existing SSASs and SIPPs business strands to deliver enhanced benefits for clients. The acquisition is expected to contribute approximately £1.9 million revenue per annum to the Group.

The RSM deal team was led by corporate finance partner John Gillibrand, with support from Aaron Bhatti and Jonny Bywater. Chris Ross, Vicky Protano and Maya Parmar from Mills & Reeve provided legal advice on the deal.

John Gillibrand, corporate finance partner at RSM UK, said: 'Michael J Field Consulting Actuaries has established itself as a trusted, specialist name in the pensions sector and built a strong network of clients in the North of England over the last thirty years. The transaction has brought together two closely aligned businesses, drawing on their expertise to enhance the existing range of pensions services and support further expansion across the UK.'

/Ends

Notes to editors

RSM is a leading audit, tax and consulting firm to the middle market with 3,660 partners and staff operating from 32 locations throughout the UK. For the year ending 31 March 2021, RSM generated revenues in excess of £376m. RSM UK is a member firm of RSM International - the sixth largest network of audit, tax and consulting firms globally. The network spans more than 120 countries, over 860 offices and more than 51,000 people, with global revenues of $7.26 billion (US).

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

All news about XPS PENSIONS GROUP PLC
07/01TITLE : Carbon Reduction Pathways - How your pension scheme investments can become Net Zer..
PU
06/29TITLE : XPS Pensions Group appoints Jo Carter as a new Partner in Risk Settlement Business
PU
06/28TRANSCRIPT : XPS Pensions Group plc - Special Call
CI
06/23TRANSCRIPT : XPS Pensions Group plc, 2022 Earnings Call, Jun 23, 2022
CI
06/23XPS Pensions Group plc Reports Earnings Results for the Full Year Ended March 31, 2022
CI
06/23Xps Pensions Group plc Proposes Final Dividend for the Year Ended March 31, 2022, Payab..
CI
06/22TITLE : High inflation continues to put stress on pension scheme investments
PU
06/06TITLE : Is a superfund right for your scheme?
PU
05/26TITLE : Is your pension scheme better funded than you thought?
PU
04/29TITLE : The Pensions Regulator's Annual Funding Statement 2022
PU
More news
Financials
Sales 2022 138 M 166 M 166 M
Net income 2022 13,7 M 16,5 M 16,5 M
Net Debt 2022 54,7 M 65,8 M 65,8 M
P/E ratio 2022 20,0x
Yield 2022 5,33%
Capitalization 264 M 318 M 318 M
EV / Sales 2022 2,31x
EV / Sales 2023 2,13x
Nbr of Employees 1 442
Free-Float 85,3%
Chart XPS PENSIONS GROUP PLC
Duration : Period :
XPS Pensions Group plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends XPS PENSIONS GROUP PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 130,00 GBX
Average target price 180,50 GBX
Spread / Average Target 38,8%
EPS Revisions
Managers and Directors
Benjamin Oliver Bramhall Co-Chief Executive Officer & Executive Director
Paul Gareth Cuff Co-Chief Executive Officer & Executive Director
Snehal Shah Executive Director
Tom Cross Brown Independent Non-Executive Chairman
Chris Sanders Director-Information Technology
Sector and Competitors