Wolanski & Co. Trustees has changed its name to Alliance Trust Pensions Limited.
The Sipp and SSAS administrator has this week written to all its adviser contacts and clients – of which 5,000 hold Sipps and 500 have SSASs – to inform them of the name change.
The firm says it reflects its move into the Alliance Trust Financial Services group and will align the company’s Sipp offering alongside Alliance Trust’s Select Sipp. Together both firms will allow customers to choose from the complete spread of investments permitted by HMRC including commercial property and unquoted shares.
Since acquiring Wolanski & Co’s Sipp and SSAS business last October, Alliance Trust has invested significantly to develop its back office customer support and IT systems.
Alliance Trust head of pensions Hyman Wolanski says: “Alliance Trust is a hugely respected brand in financial services and we are keen to stress the opportunities this gives the high end Sipp and SSAS business to deliver improved services to advisers, their clients and direct customers.
“For me, personally, this is a very exciting opportunity to carry on what we started in Wolanski & Co. Trustees Limited several years ago. By using all the resources within Alliance Trust, we will be able to offer SIPPs which cover the varying requirements of all the different segments of this fast-growing market.”