International Financial Group Limited (IFGL)-owned Sovereign Pension Schemes (SPS) has hired Rachel Meadows as managing director.
This comes over a month after IFGL completed the deal to buy the Wirral-based self-invested personal pension (Sipp) and small self-administered scheme (Ssas) administrator. SPS is in the process of re-branding to IFGL Pensions.
Meadows has 16 years’ experience in the pensions industry and was previously at Broadstone Corporate Benefits, where she was head of proposition for pensions and savings. She has also worked for CS Financial Solutions Ltd and Charles Stanley.
She is a chartered financial planner, as well as a fellow of the Personal Finance Society (PFS).
Mike Crellin, IFGL managing director, said: ‘We are very pleased that Rachel has agreed to join us in what is a new and exciting acquisition for IFGL. This is a further step in the growth and diversification plans of IFGL and further evidences our commitment to the long-term savings market.”
Meadows added: “The opportunity to be involved in shaping and scaling a Sipp and Ssas business really appealed to me, as having been on the advice side of the equation I fully understand how important it is that great quality product options are available to support individuals saving for their retirement.
“The culture of IFGL resonates for me personally, coupling a commitment to excellent service and quality solutions with ambitious growth plans. Pensions play a crucial role in helping individuals achieve their financial goals, and I feel adding pensions to IFGL’s suite of solutions will enable us to deliver even better support for our adviser relationships and end customers.”
