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XPS Pensions expects annual showing to meet market expectations
Fri, 23rd Apr 2021 11:34
(Alliance News) - XPS Pensions Group PLC on Friday said it expects to report an annual revenue hike and a performance which meets market expectations.
The Reading-based pensions actuarial, consulting and administration firm said that in the year ended March 31, revenue rose 7%, or 6% excluding the contribution of acquisitions. In financial 2020, XPS reported revenue of GBP119.8 million. Underlying this, revenues within Pensions Advisory grew by 6% year-on-year. The component parts of Pensions Advisory each grew, with Pensions Actuarial & Consulting growing by 3% and Pensions Investment Consulting by 21%. The Pensions Administration business grew by 9%, XPS added.