Ascot Lloyd has selected Mobius Life as the institutional investment platform provider for its employee benefits business.
The national wealth manager’s employee benefit business provides pensions administration and employee benefit services to businesses with between 100 and 10,000 employees.
Mobius Life’s investment platform will enable Ascot Lloyd to deliver its agreed investment strategies to its defined contribution pension clients.
Clients will have access to a complete range of bespoke and blended funds, seamless investment administration and ongoing fund monitoring and rebalancing services.
Pat O’Hara, managing director at Ascot Lloyd, added that the platform will let all clients benefit from more streamlined and efficient administration of assets.
Adrian Swales, chief executive of Mobius Life, pointed out that as a completely independent business, Ascot Lloyd will be able to develop solutions from a wide range of funds to deliver investment strategies efficiently and cost effectively.
In August, Ascot Lloyd acquired wealth manager PFP Group, in a deal which also included PFP Benefit Solutions, providing pensions administration and employee benefit services to help build its employee benefits division.