Peregrine Corporate Services Limited (“Peregrine”) has announced the acquisition of Fedelta Pensions Limited (“Fedelta Pensions”), one of the Island’s leading pension providers.
Established in 1996 and led by founder Nigel Callin, Fedelta Pensions provides pension services to its clients both domestically and internationally. While Peregrine, which was established in 1986, provides a variety of fiduciary services to its clients, and continues to pride itself on being an owner managed firm.
Peregrine managing director, Martin Hall, told B365: “Diversification continues to be a strategic part to our business strategy and expansion into the pension sector was a key target area for us. The opportunity to bring such a highly respected firm as Fedelta Pensions into the family group perfectly complements our ethos and vision. We are very pleased to welcome the Fedelta Pensions team, led by existing directors Louise Haynes and Andrew Paul.
While Nigel will be taking a step back from the business, we are pleased he will remain as a consultant to ensure business and client continuity which has been the forefront of our recent acquisitions. The wider Fedelta group have kindly given us a grace period to utilise the existing name and we hope in the coming month to announce a new brand encompassing our wide range of financial services offered both domestically and in the international market”
Louise Haynes, director of Fedelta Pensions commented: “The key to our success at Fedelta Pensions has been our strong emphasis on technical expertise and providing the highest levels of client service which we believe are second to none. We are pleased to be joining a team of people who share these values and wish to continue to build on what we have achieved so far. The whole of our excellent team of staff are remaining with the company, so existing clients will continue to deal with all of their usual contacts without disruption. Joining Peregrine and it’s wider group will provide significant opportunities to take the business in new directions and I am excited to complete the integration process and get to work with the Peregrine team.”