One of the biggest former QROPs providers acquired by UK pensions group

Global trust and pensions provider The UAP Group has completed its purchase of Concept Group which it said will make the combined business one of the largest pension providers in Guernsey employing 50 people. Concept Group was one of the biggest QROPs providers, and in 2017, Sovereign Group acquired the pensions business of Concept Trustees (Gibraltar). UAP said in the statement that Concept Group, established in 2004, brings a globally recognised brand, Aurora, and significant scale. Roger Berry, managing director of Concept, will become a non-executive director of UAP alongside C...