Isio completes on acquisition of Premier
Isio Group Limited (“Isio”) has today completed its acquisition of Premier Pensions Management Ltd (“Premier”), following FCA approval.
Isio Group Limited (“Isio”) has today completed its acquisition of Premier Pensions Management Ltd (“Premier”), following FCA approval.
The combined business will enhance Isio’s existing services of actuarial consulting, investment advisory, pensions administration and wider savings advisory, whilst also extending its offering to include employee benefits and wealth management.
Bringing the teams together will now start, with Premier’s previous Board members of Paul Couchman, Ian Gutteridge and Martin Thompson joining Isio’s leadership team with immediate effect. Premier founder and Chair Dai Smith will retire from the business but will continue to act in a consultancy capacity during the integration period, alongside Premier’s CEO Alastair Aird.
The Isio Group will add Premier’s Croydon and Bristol sites to its existing network of eight offices and with the addition of the Premier team, Isio will have a total of 800 employees across the UK.
Andrew Coles, Chief Executive of Isio Group Limited, commented: “This is a milestone next step in Isio’s journey, and we are excited to bring the two complementary businesses together to create a UK wide team of experts offering guidance on navigating pension, employee benefits and wealth management needs.
“Our focus continues to be delivering the highest standard of work for Isio and Premier clients and providing a great working environment for our team. Premier’s offering and culture is hugely complementary and Dai Smith, Premier’s Founder and Chair, has created a special business and team that is very well respected in the market. It will be very much business as usual as we combine our expertise into this unique and comprehensive proposition.
“It’s been great to see the senior teams getting to know each other and share the enthusiasm and excitement about the wider range of services we can provide together to support the pensions, investment and wealth management industries whilst giving our combined team new opportunities to develop their careers.”
It’s been great to see the senior teams getting to know each other and share the enthusiasm and excitement about the wider range of services we can provide together to support the pensions, investment and wealth management industries whilst giving our combined team new opportunities to develop their careers.
Ends
All media enquiries should be directed to Katie Pepper, Communications Manager
Tel: +44 (0)7786 588588
Email: katie.pepper@isio.com
About Isio
Isio is a leading UK pensions advisory firm which combines actuarial expertise, third party administration, investment consulting and defined contribution specialism to deliver better outcomes for pension scheme sponsors, trustees and members. Isio, formerly KPMG’s UK pensions practice and backed by Exponent, was launched in March 2020 to apply our years of experience with a new approach and way of thinking. Isio aims to deliver clearer, simpler pensions and investment advice in a more personal way, backed by technical expertise and underpinned by proprietary technology.
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Read more from Professional Pensions: Isio completes Premier Pensions acquisition (professionalpensions.com)