20-20 Trustees has announced the acquisition of Steve Southern Trustees Limited (SSTL) amid a number of recent new hires.

SSTL, which was founded in 2012 and is based in Manchester, currently serves over 50 clients, and is expected to “materially strengthen” 20-20’s brand nationally, as well as its pre-eminence in the north.

Commenting on the acquisition, Steve Southern, founder of SSTL, said: “20-20 Trustees is widely recognised as one of the most innovative and professional trustee firms in the UK.

"They offer an impressive range of client solutions and the opportunity to join them was one that I welcomed.

"SSTL has always put professional expertise and exceptional client service at the heart of our offering and that make 20-20 Trustees a perfect partner.”

Southern joins 20-20 Trustees alongside his team, Rebecca Wood, Catherine Williams, and Mark Johnston.

The announcement also follows a number of recent recruits by 20-20 Trustees amid a period of “structured and progressive organic growth” for the firm.

20-20 Trustees managing director, Naomi L’Estrange, commented: “Our growth plans for the year included investing in people to support the organic growth we have achieved over the past couple of years, but to also take advantage of opportunities to grow via acquisition where we felt those businesses complement our dynamic and commercial culture.

“By acquiring SSTL and with these new hires we welcome some of the finest pension professionals in the UK to our growing team and they will contribute hugely to our continuing growth and success.”

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