PraxisIFM Group has expanded its pensions division, Trireme Pension Services, with the acquisition of Guernsey business, Confiance Pension Services.
The acquisition means that Trireme will now have a fully staffed office in Guernsey, as well as its existing base in Malta.
Confiance Pension Services will operate as Trireme Pension Services (Guernsey).
PraxisIFM is one of the largest independent and owner-managed financial services groups headquartered in the Channel Islands with assets under administration in excess of $30bn and revenues of over £23 million. The group has more than 200 staff across 10 jurisdictions.