XPS Pensions is a British financial services business specialising in
pensions consulting and administration. It is listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
and is a constituent of the
FTSE 250 Index
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...
.
History
The company was established as a pensions consultancy and administration business within
Equiniti
Equiniti Group is a British-based outsourcing business focused on financial and administration services.
History
The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent Interna ...
in around 1990. It then adopted the brand name, Xafinity. It acquired a rival firm, Hazell Carr, in April 2008.
CBPE acquired the business from Equiniti in February 2013: it was then the subject of an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
in February 2017.
It acquired another rival firm, Punter Southall & Co., in January 2018 and then changed its name to XPS Pensions in May 2018.
It went on to acquire the corporate pensions business of
Royal London Group
The Royal London Mutual Insurance Society Limited, along with its subsidiaries, is the largest mutual insurer and investment company in the United Kingdom, and in the top 30 mutuals globally, with Group funds under management of £169 billion ...
in May 2019 and to buy Trigon Professional Services in November 2019.
References
External links
*
{{FTSE 250 Index constituents
Companies listed on the London Stock Exchange
Companies established in 1990
Companies in the FTSE 250 Index