Origen offloads SSAS business to Barnett Waddingham

The news follows the sale of Origen's self-invested personal pension (SIPP) business to Suffolk Life. Origen, which was one of the first firms in the UK to launch a specialist self-administered pensions service, said a strategic review had found it no longer had the scale to operate in the market. It said due to the increasingly complex needs of clients, as well as a desire to focus on providing advice and consulting services it decided to leave the administration/trustee-based market. Origen chief executive Mike Kirsch said: "Following this review, we concluded that we do not hav...