Annuity specialist Momentum Pensions appoints Citigate Dewe Rogerson
Independent pension trustee Momentum Pensions has hired Citigate Dewe Rogerson following a competitive pitch process.
Momentum Pensions, which operates in a number of jurisdictions, including the UK, Malta, Gibraltar and the Isle of Man, has brought in Citigate Dewe Rogerson to support the development of its UK business.
The pensions provider has seen growth since the new pension freedoms implemented by the government in April this year which allow people, aged 55 and over, to take out their entire self-invested personal pension at once.
Mark Gaywood (pictured), Momentum Pensions’ group chairman, said: “We are excited to embark on this new partnership with Citigate Dewe Rogerson to help build on our footprint in the UK market as a specialist pensions provider and partner to the financial adviser community. Citigate Dewe Rogerson showed deep industry knowledge and a clear understanding of the opportunities for Momentum Pensions. We’re delighted to be working with them.”
Jonathan Flint, Citigate Dewe Rogerson MD is leading the brief. He said: “Momentum Pensions’ proposition and growth ambitions are very exciting. They have a wealth of expertise and their market-facing culture makes their potential huge.”