Doncaster-based My Pension Expert has acquired Tenet&You.
Tenet&You is a financial adviser that provides tailored advice to ensure clients’ finances are in the best possible place to match their circumstances and aspirations. It was appointed as a representative of the Tenet Group.
This is My Pension Expert’s first acquisition. Tenet&You has £490 million assets under administration, taking the combined entity to approximately £1 billion assets under influence.
As part of the acquisition process, Tenet&You will operate as an appointed representative of My Pension Expert. Then, in due course clients will be moved across to My Pension Expert systems as they become part of the My Pension Expert group.
My Pension Expert CEO, Andrew Megson, said: “We’re delighted to conclude the acquisition of Tenet&You; a business that shares our ambition to empower all UK consumers to achieve their financial goals, and build our organic growth model. This exciting move will ensure My Pension Expert can deliver high-quality, independent financial advice to more people nationwide.
“Throughout this entire process, our focus has been on ensuring the best possible outcomes for the existing Tenet&You customers. Much 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 future. We’re an ambitious business, and the entire team are excited to continue driving My Pension Expert forward in the years to come.”
