SIPP provider Embark Services Limited (ESL), which uses the Embark and Hornbuckle brands, saw a 15.3% rise in client numbers in the year ended in December.
SIPP and SSAS specialist EBS Pensions, part of the diverse Embark Group, has reported an 89% increase in client numbers and a pre-tax profit of £1.55m after making a loss the previous year.
Liberty SIPP is to be wound up and its assets merged with rival EBS Pensions, part of the Embark Group.
The Embark Group has appointed several new executives in a move to “further strengthen” its capacity for organic expansion in the UK.
Rowanmoor Executive Pensions has revealed a 214% increase in profitability and a 7% increase in client numbers, according to its latest figures.
SSAS provider Rowanmoor has been reappointed by Standard Life to provide administration for its small self-administered scheme (SSAS) portfolio for a 10-year term effective from 1 October.
The acquisitive Embark Services Group, parent company of Sipp provider Rowanmoor and platform Avalon, reported pre-tax losses widening last year from £1.46m to £2.36m.
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