- Admin and advice seeing strong sales growth
- EPS upgrades come through
Interim results for pensions administrator and actuarial advice consultancy XPS Pensions (XPS) came in as promised, with the company delivering on strong organic rates of revenue growth. These were at 19 per cent at the group level, as a booming pensions transfer market created demand for advice from pension funds, as well as blue-chip client wins for its pensions administration business. Overall, there were clear signs that XPS is generating operational gearing without adding significantly to its cost base.