HCR advises on sale of pensions provider Alltrust

18th January 2023

Alltrust, a leading provider of self-invested personal pensions (SIPP) and small self-administered schemes (SSAS) has been bought by Guernsey-based trust and pension company, The UAP Group. Theresa Grech and Stuart Brothers of HCR advised the shareholders of Alltrust in the sale of their shares to The UAP Group. The deal has been listed in Financial Planning Today as one of its ‘Top 10 M&A Stories of 2022’

Corporate Partner Theresa provided advice and guidance to the shareholders on all corporate aspects of the deal, while Regulation Partner Stuart, who has acted for Alltrust since 2005, advised on a variety of aspects including scheme rules, regulations and corporate governance.  Supporting expertise was provided by Employment Partner Andrea Thomas, and Partner and Head of Real Estate in Cardiff, Justin Mason.

Hamid Nawaz-Khan, owner of Alltrust, said: “My heartfelt thanks to both Theresa and Stuart for their guidance and advice. They are both experts in their fields and it was due to this that the deal went so smoothly.”

Theresa Grech said: “It was a pleasure to work on this deal – the acquisition provides Alltrust with a wider reach for its services while The UAP Group now has significant opportunities thanks to Alltrust’s reputation in the market.”

Stuart Brothers said: “I’m glad I was able to provide the advice Alltrust needed at such a crucial time for them. It makes perfect sense for them to become part of The UAP Group, and I wish them the very best in the future.”