Malta-headquartered Momentum Pensions has said that rebranding its self-invested personal pension (Sipp) business to iPensions Group is part of the firm’s growth plan driven by “technology-led solutions and new products”.
The rebrand follows the appointment of group chief executive Sandra Robertson in May 2020.
The firm said that it has “ambitious plans” for the Sipp market and iPensions Group will be focused on “expansion and product launches” following a significant investment in its technology.
Momentum Pensions remains the brand for the qualifying recognised overseas pension scheme (Qrops).
Paves the way for future development
Robertson said: “IPensions Group launches with a strong track record of deep technical knowledge, high-calibre service and ambitious plans for future growth.
“The company’s decades of experience help us to confidently develop and blend technology with strong technical support, transparent communication, robust diligence and dedicated people to deliver our vision of leading the pensions sector.
“The update of our brand elements helps to embody our vision better and it paves the way for future developments.”
The Momentum Group administers more than £2bn ($2.54bn, €2.22bn) in assets for more than 10,000 clients across multiple jurisdictions.