Zedra acquires pension trustee firm

Monday 17 January 2022

Zedra has acquired independent pension trustee and governance services provider, PTL.

Founded in 1994, PTL is one of the leading Professional Trustee firms in the UK, acting for fefined contribution and defined benefit pension schemes, as well as group life trusts and healthcare trusts.

“Over the last 27 years PTL has grown into one of the leading Independent Professional Trustee firms in the UK," Richard Butcher, PTL Managing Director, said. "We are now excited to be joining a successful global organisation that complements our brand perfectly.

"Being part of Zedra, who share our cultural values and work ethics, will enable us to continue to offer an even wider range of governance services to our clients."

Ivo Hemelraad, Zedra's CEO, added: “This deal further cements Zedra offering and capabilities, and is in line with our strategic approach to the UK market. We are expecting a very busy 2022 for our UK offices and I am confident that Zedra's reputation in rendering an end-to-end service to private, corporates and alternative fund clients will go from strength to strength.”