BWCI Group has announced the acquisition of Polygon (Jersey) and Polygon Pension Trustees, a Jersey based provider of personal and corporate pensions, trustee and administration services.
The transaction follows a comprehensive due diligence process and receipt of the necessary regulatory consents from the Jersey Financial Services Commission. Polygon Pensions will now operate as part of BWCI Group.
Stephen Ainsworth (pictured), Senior Partner at BWCI Group, commented: “We are delighted to have completed the acquisition of Polygon Pensions. This is a high quality business with an excellent pedigree and strong client and IFA relationships. Bringing Polygon Pensions into BWCI significantly strengthens our Jersey business and gives us the scale, skills and governance capability to support the next phase of pensions growth on the island.
“Most importantly, this is a business that aligns strongly with our culture and long-term approach, placing technical excellence, client service and integrity at the centre of everything we do.”
Lisa Toland Managing Director, Polygon Pensions, added: “This marks a very positive next chapter for Polygon Pensions. BWCI shares our values, our commitment to high standards, and our focus on delivering robust, well governed pension solutions for clients and advisers alike.
“Joining BWCI provides our team with access to wider Group resources and expertise, while ensuring continuity for our clients and IFAs. We are excited about the opportunities this creates for our people and for the continued development of the Jersey pensions market.”
