My Pension Expert has doubled in size following the acquisition of Tenet&You.
Based in Doncaster, South Yorkshire, My Pension Expert is a retirement advice company backed by Palatine Private Equity which connects with customers nationwide via telephone and video conferencing.
The move for the financial advisor – which formerly operated as an appointed representative of the Tenet Group and has £490 million assets under administration – takes its assets under influence to around £1 billion.
Tenet&You will become an appointed representative of My Pension Expert. In due course, all clients will be moved across to My Pension Expert systems as they become part of the My Pension Expert group.
“We’re delighted to conclude the acquisition of Tenet&You; a business which shares our ambition to empower all UK consumers to achieve their financial goals, and build our organic growth model,” said Andrew Megson, CEO of My Pension Expert.
“This exciting move will ensure My Pension Expert can deliver high-quality, independent financial advice to more people across the country.
“Throughout this entire process, our focus has been on ensuring the best possible outcomes for the existing Tenet&You customers. A great deal of work has gone into making sure the move is seamless, and My Pension Expert is perfectly positioned to provide our new clients with outstanding service and care.
“This marks our first acquisition, and we look forward to continuing our growth and strengthening our offering in the years to come. We’re an ambitious business, and the entire team are excited to continue driving My Pension Expert forward in the years to come.”