Xafinity Sipp and Ssas Services has reported strong growth for the last financial year, with annual revenues up 26 per cent to £4.6m.
Revenue growth averaged 20 per cent per annum over the past three years and sales of its two self-invested pension products - XafinitySipp and SimplySipp - were up 60 per cent for the first five months of 2015, compared to the same period last year.
The firm has also rebranded its Hazell Carr Ssas to Xafinity Ssas, following its 2008 acquisition of the firm.
Andy Bowsher, director of self invested pensions at Xafinity, said that the Sipp products continue to perform well for advisers, “proving that there is a real demand for Sipp beyond the ‘vanilla’ flavours that crowd the market”.
He added that awareness of Xafinity and its brand values has increased significantly, helped perhaps by the Xafinity ‘fleximan’ imagery which is designed to embody the company’s flexibile approach for advisers.
ruth.gillbe@ft.com
