Sovereign Pension Services (SPS) has rebranded to IFGL Pensions, the company’s new owner International Financial Group Limited (IFGL) has announced.
IFGL completed the deal to buy the Wirral-based self-invested personal pension (Sipp) and small self-administered scheme (Ssas) administrator on 1 March and chose its new name to reflect the company’s position within the group.
IFGL Pensions offers three Sipp products:
- The IFGL Sipp (formerly the Sovereign International Sipp);
- Acorn Lite; and
- Insight.
The IFGL Pensions office remains in Bromborough, where 45 staff are based, including newly-appointed managing director Rachel Meadows.
