Brewin Dolphin offloads 100 pension schemes to Punter Southall

clock

Investment management firm Brewin Dolphin has sold its pensions management division to actuarial firm Punter Southall.

The acquisition will see the management of 100 corporate schemes transfer to Punter Southall along with Brewin Dolphin's 14-strong pension team, which will relocate to Punter Southall's new offices in Newcastle. The deal, which takes effect from 1 October, is part of Punter Southall's push into the regions to attract local business, the firm said. Brewin Dolphin has been an actuarial and pension administration client of Punter Southall itself for 19 years. The pension team at Brewin Dolphin said it relished the move to the actuarial firm. "While some of our clients will continue...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •