20 January 2018  Punter Southall Aspire, the UK workplace savings and pension business, has announced its intention to purchase Oxford-based independent financial advisory firm Focus Oxford LLP.


This deal will be the first in a series of planned acquisitions of IFA firms to grow the company’s retail advisory arm and support the development of its new investment administration platform – myAspire.

Founded in 1990, Focus Oxford offers bespoke financial advice in all aspects of financial planning including pensions, investments, mortgages and life assurance. The company comprises of 19 employees including six regulated advisers, supported by an experienced team of paraplanners, life and pension administrators and office administrators.

The purchase will enable Punter Southall Aspire to develop its retail advisory business and offer a fully integrated financial advice service for employers and individuals focusing on pensions, pension master trusts, mortgages, ISAs and general investment and wealth management solutions across all tax buckets.

Steve Butler, CEO of Punter Southall Aspire said, “Focus Oxford LLP is a well-run and established business with high quality financial advisers who share our values and our vision for making savings and investments less complex and more accessible for everyone.

“This deal will give us a complete proposition for individuals and employers – the ability to deliver financial advice and education in a range of ways, from face to face meetings through to telephone and online consultations.

“This purchase is key to our business strategy. We plan to grow our retail advice business significantly in the next few years and hope this deal will be the first of several acquisitions of IFAs. It will enable us to build assets on our investment platform and provide our clients with first class financial and investment solutions that will support their retirement planning.”

Gary Hunt, Founding Partner at Focus Oxford said, “We are looking forward to becoming part of Punter Southall Aspire. The company’s growth has been rapid and impressive. We share the same ambitions – to improve the quality and accessibility of financial advice for individuals and employers and help them achieve better financial outcomes.”

Posted by Steve Butler

Topics: News

myAspire-savings-pension-dashboard
Questions

Ask The Experts

Want to get in touch?
Just fill out the form below and we will be in touch shortly.

workplace-rocket

Next Generation Savings

Changing Workplace Savings Behaviour for the Better

discover
workplace-bullseye

Consultancy

We provide consultancy services to employers and trustees on contract-based and trust-based schemes, including master trusts. Our proposition encompasses governance, investment, administration and communications.

more
workplace-governance

Governance

Establishing and governing the ideal workplace pensions and savings for your employees can be complex and time consuming. That’s where we come in.

Monitor
workplace-education

Engagement & Education

We use innovative communication channels and modern technologies to help educate, engage and inspire employees across a range of financial topics.

 

Find out more
workplace-deckchair

Retirement

With greater choice and freedom in how and when individuals are able to access their pension fund, there is now an even greater need for early education and advanced planning. Find out how we help.

Discover
workplace-graph

Investment

Our investment research division analyses and rates over 18,000 DC investment funds. The insight we have enables us to support your investment objectives, making sure they're on track to deliver.

track
workplace-health-risk

Health & Risk

Our health & risk service provides tailored combinations of cover and cost to exactly match each employer's requirements, helping you get best value for your benefits spend.

Discover