XPS Pensions Group Expands with Polaris Acquisition

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XPS Pensions Group Expands with Polaris Acquisition

XPS Pensions Group Plc ( (GB:XPS) ) has provided an announcement.

XPS Pensions Group plc has completed the acquisition of Polaris Actuaries and Consultants Limited, a move that significantly advances its strategy to become a leading entity in the fragmented UK Insurance Consulting market. This acquisition is expected to strengthen XPS’s market position and enhance its service offerings, potentially impacting stakeholders by increasing the company’s capabilities and market reach.

More about XPS Pensions Group Plc

XPS Pensions Group plc is a prominent UK consulting and administration business specializing in the pensions and insurance sectors. As a FTSE 250 company, XPS leverages expertise and advanced technology to serve over 1,400 pension schemes and their sponsors, providing administration for over one million members and advisory services for schemes of all sizes, including those with assets over £1 billion. The company also supports insurance companies in the life and bulk annuities sector.

YTD Price Performance: 9.75%

Average Trading Volume: 1,038,290

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £763.9M

For a thorough assessment of XPS stock, go to TipRanks’ Stock Analysis page.

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