News in brief - 23 December 2020

Trafalgar House announces launch of its dedicated Pensions Technical Team.

The team will aim to provide a a dedicated specialist resource to new and existing clients and the wider Trafalgar House business. It will focus on supporting the delivery of first-class service to clients and their members by providing legal and technical solutions, and ensuring regulatory compliance is prepared for and implemented effectively. The team will also manage parts of the new client assessment process, and provide internal training and guidance for other areas of Trafalgar House on legal cases, communications and legislation changes.

XPS Pensions Group has announced a new partnership with TeamPolice.

The firm’s administration arm will partner with TeamPolice, a body that is dedicated to improving the wellbeing of those serving in police forces across the UK. XPS Administration provides pensions administration services for 30 of the 43 police forces in the UK. Commenting, XPS Administration managing director, David Watkins, said: “TeamPolice plays a fantastic role in supporting the health and well-being of active and retired officers and we are delighted to offer our support. Due to the pandemic, TeamPolice’s role has become more important than ever. For us, it is a natural fit to support TeamPolice with the great work that they do.”

Gresham House’s British Strategic Investment Infrastructure Fund LP has made an investment of £50m into Wildanet Limited, a Cornish alternative broadband network provider.

The commitment of £50m aims to enable Wildanet to push forward with their ambitious plan to bring faster and more reliable broadband connectivity to even the most rural homes and businesses of Cornwall. The investment will allow Wildanet to upgrade and expand this gigabit-capable network to continue to target the under-served homes and businesses of Cornwall through a combination of a new full fibre network and expansion of its fixed wireless network. The fibre network, expected to be rolled out over the next three years, will combine to reach 60 per cent of Cornwall’s properties.

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