Barnett Waddingham has today announced that it has purchased Chase de Vere’s SIPP and SSAS book for an undisclosed figure, in a deal which will see the firm add 250 SIPP and 275 SSAS clients to its existing book of business.
This acquisition of Chase de Vere’s SIPP & SSAS business will see Barnett Waddingham’s SIPP portfolio increase to more than 2,975 schemes representing over £1bn assets under administration (AUA), while the firm’s SSAS portfolio will grow to 2,500 schemes and break over the £4bn AUA mark for the first time.
"Our number one priority remains providing excellent customer service."
The deal follows a successful year of growth for the firm, with the launch of the Barnett Waddingham Flexible SIPP in July, and the acquisition of SIPP & SSAS firm, Harsant Pensions, in August.
Julia Bassett, partner at Barnett Waddingham, said: “It’s been an exceptional year for our SIPP & SSAS businesses, first with the launch of our new Flexible SIPP and the purchase of Harsant Pensions in the summer, and now with the acquisition of Chase de Vere’s SIPP & SSAS book. Our number one priority remains providing excellent customer service and we are very pleased to welcome Chase de Vere clients to Barnett Waddingham.”
Find out more
To learn about our SIPP and SSAS offering, including our Flexible SIPP, or to take our SSAS quizzes please visit the Self Invested Pensions area on our websiteSelf Invested Pensions
In Spring 2015, we will be hosting a series of free, CPD accredited seminars aimed at members of small self-administered schemes wanting an update on changes to pension rules affecting SSASs.Register