Xps Pensions Regulatory News (XPS)

30 April 2018

Xafinity plc

("the Group")

Trading statement

Xafinity plc, the pensions actuarial, investment consulting and administration business, today issues a trading update following the Group's financial year end on 31 March 2018.

Following the announcement of Interim Results on 7 December 2017, the Group has continued to see good momentum in its new business activities during the second half of the financial year.

The integration programme following the acquisition of Punter Southall's actuarial consulting, pensions administration and investment consulting businesses has advanced well, with the combined group seeing a positive reaction from both clients and employees.

The Board expects to report results for the full year in line with its expectations and the business is well positioned for further growth.

The results for the year ended 31 March 2018 will be announced on Thursday 28 June 2018. 

Enquiries:

Notes:

Xafinity plc is a UK specialist in pensions actuarial, investment consulting and administration, providing a wide range of services to over 1,000 pension scheme clients. The Group combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies. The Group has roughly 900 employees, of which approximately 90 per cent are client facing, with 15 offices providing the Group with access to staff, expertise and clients across the UK.