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Dentons Pensions continues to see impressive growth in H1 2021.
Posted on 18/10/2021 by David Fox
Dentons Pensions, as one of the UKs leading specialist providers and administrators of self invested personal pensions (SIPPs) and small self administered schemes (SSASs), reports continued growth in its financial results for the first half of 2021.
This includes an increase in new business of 55% on the same period last year, with non-standard assets having fallen to 5% and the business remaining fully open during the COVID-19 pandemic.
2021 has seen further impressive growth for Dentons Pensions as it continued to see new business figures grow for both SIPP and SSAS with 51% of SIPPs coming from other pension providers.
There has been continued investment into the business and it has not only enhanced its online application form, but it has also recruited during the pandemic, with the most recent Sales and Marketing appointment being Craig Baker as Regional Sales Manager for the South West of England and South Wales.
David Fox, Director of Sales & Marketing, said:
"At the start of the pandemic no one expected it to last quite so long, and it has meant that businesses have had to adjust to different ways of working. Administering SIPP and SSAS products is very specialised and needs high levels of experience and expertise.
I have been so pleased with how we switched initially to remote working, with everyone able to remain connected through out IT and telephone systems, to now being back to fully office-based. Despite the challenges of the pandemic, we continued to deliver out industry-leading levels of service, and it is particularly pleasing to note that our new business figures for 2020 exceeded those of 2019 with 2021 shaping-up to be even better.
"I believe our new business for the first half of the year shows the level of support we provide to advisers and how we have remained 'in business' while some other firms appear to have struggled to do that. This is borne out in the number of cases we are seeing advisers move from other providers to us."