Statement re: press speculation

XPS Pensions Group PLC

23 June 2023

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

23 June 2023

XPS Pensions Group plc
("XPS" or the "Group")

Statement re: press speculation

Further to recent press speculation, XPS confirms that it is currently in discussions with SEI in relation to a possible partnership with the National Pensions Trust ("NPT") to create a market leading proposition for members.

Discussions are ongoing and there can be no certainty that an agreement will be reached, or as to the terms of any such agreement.

A further announcement will be made as and when appropriate. 

For further information, contact:

Enquiries:

XPS Pensions Group

Snehal Shah, Chief Financial Officer       [phone]

Notes to Editors:

XPS Pensions Group is a leading pension consulting and administration business focussed on UK pension schemes. XPS combines expertise, insight and technology to address the needs of over 1,500 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over 1 million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 51 with assets over £1bn.

 

END