Rowanmoor Pensions announces outstanding Q1 results
17 January 2012
Rowanmoor Pensions, the UK’s largest independent Small Self-Administered Scheme (SSAS) provider and a bespoke Self-Invested Personal Pension (SIPP) and Family Pension Trust (Family SIPP) operator, today announces its new business figures for the first quarter (Q1) of its current financial year; showing an overall increase across its products of 151% and outstanding SIPP sales, which are 210% higher than Q1 last year.
Rowanmoor Pensions established a total of 413 new SIPPs during October – December 2011, compared to 133 during the same period in the previous year.
The results come as Rowanmoor Pensions also records a strong performance against its SIPP service standards with 99.18% of service standard turnaround achieved during the same period.
Commenting on the results, Ian Hammond, Managing Director at Rowanmoor Pensions said:
“The latest new business figures underline the fact that the Rowanmoor Pensions SIPP has become firmly established as one of the top-tier products in the bespoke SIPP market. More and more people are recognising the need to take control of their own retirement as the economy remains gloomy and SIPPs are quite rightly taking a prime position as a product of choice.
“The continued success of the Rowanmoor Pensions SIPP in hitting its service standards is something we are incredibly proud of. Not only does this provide hard evidence of the quality of the product, it shows just how committed the team are to making sure it remains one of the best SIPPs available on the market.”
For further information on Rowanmoor Pensions please visit the website at http://www.rowanmoor.co.uk
- Ends –
For further information, please contact:
Rowanmoor Pensions
Robert Graves
Head of Pensions Technical Services
Rowanmoor Pensions
08445 440 667
robert.graves@rowanmoor.co.uk
Anna Hopkinson
Marketing Manager
Rowanmoor Pensions
08445 440 667
anna.hopkinson@rowanmoor.co.uk
Redleaf Polhill
Sally Walton/James Bishop
020 7566 6750
SW@RedleafPolhill.com
JB@RedleafPolhill.com
About Rowanmoor Pensions
- Rowanmoor Pensions provides and administers member-directed pension schemes:
- Small Self-Administered Schemes (SSAS)
- Self-Invested Personal Pensions (SIPP)
- Family Pension Trusts (also known as Family SIPPs)
- Rowanmoor Pensions is the UKs largest independent SSAS and Family Pension Trust practitioner and administers around 4,000 schemes.
- Rowanmoor Pensions’ SIPP features:
- personal, portfolio based, administration service;
- expert support from technical and sales consultancy teams;
- extensive flexibility and choice at retirement, including scheme pension;
- widest investment opportunities available in the SIPP market;
- integrated links to investment partners’ systems;
- streamlined process for settling adviser fees.
- Rowanmoor Pensions was awarded best SSAS provider in the 2008, 2009, 2010 and 2011 Investment, Life and Pensions Moneyfacts Awards.
- Rowanmoor Pensions was awarded best SSAS provider in the 2006, 2007 and 2008 Pensions Management Technology Administration and Service Awards.
- The Rowanmoor Pensions website is www.rowanmoor.co.uk
- Rowanmoor Pensions currently employs over 200 people.
- Rowanmoor Pensions is a trading name of Rowanmoor Group plc (No. 5792242).
- Rowanmoor Personal Pensions Limited, a subsidiary of Rowanmoor Group plc is the scheme Administrator and scheme operator for schemes established under a Rowanmoor Pensions Family Pension Trust and the Rowanmoor Pensions SIPP and is authorised and regulated by the Financial Services Authority (Register number 458260).
