Sipp business rebrands to IFGL Pensions

Operation will remain based in Bromborough

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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.

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