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Xafinity buys Alliance Trust’s SSAS business

Xafinity has bought Alliance Trust Savings’ small self-administered schemes business.

The newly acquired firm will become part of Xafinity’s SSAS arm Hazell Carr SSAS.

Xafinity director of self invested pensions Andy Bowsher says: “Strategically, this deal makes great sense for both Alliance Trust Savings and Xafinity.

“Alliance Trust Savings is handing over the administrative complexities of a product which is no longer core to their service offering and Xafinity will ensure these clients quickly benefit from our scale of technical competence and operational depth.”

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