Link investor

Australian Link Group buys UK pensions administrator

By Martin Croucher (August 26, 2022, 3:22 p.m. BST) – Australian financial services giant Link Group announced on Friday that it will buy retirement savings trustee HS Pensions as it plans a wider expansion into the UK market.

The merger between HS Pensions and the Australian company’s UK subsidiary Retirement & Superannuation Solutions will create a business with more than £4 billion ($4.7 billion) in assets under management and 200 employees. The deal is expected to close before the end of the year, Link Group said.

“Our commitment to the UK pensions industry is underpinned by our investment in building our capabilities, technology and platform to serve customers,” said Dee…

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