XPS Group

Est. 2018
1,001-5,000 employees Financial Services

About XPS Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider ranging support to insurance companies in the life and bulk annuities sector.

In 2024 XPS was awarded Actuarial/Pensions Consultancy of the Year for the third time in four years and Sponsor Covenant/IRM Adviser of the Year at the UK Pensions Awards. XPS was also awarded Covenant Adviser of the Year Award at the Pensions Age Awards in 2024.

Previous wins at UK Pension Awards:
2023 Third-Party Administrator of the Year and Fiduciary Evaluator of the Year
2022 Actuarial/Pensions Consultancy of the Year, Investment Consultancy of the Year and Third-Party Administrator of the Year
2021 Third-Party Administrator of the Year and Investment Consultancy of the Year
2020 Third-Party Administrator of the Year
2019 Actuarial/Pensions Consultancy of the Year and Third-Party Administrator of the Year

For our business culture in 2024 XPS was recognised for the Best Diversity, Equality and Inclusion initiative at the UK Company Culture Awards and was awarded the Diversity and Inclusion Excellence Award at the UK Pensions Awards. In 2024. XPS was recognised as a Disability Confident Employer. In 2023 XPS was listed in The Sunday Times’s Best Places to Work 2023 (Big Company).

Expertise

Actuarial Consulting, Defined Contribution Consulting, Defined Benefit Consulting, Investment Consulting, Pensions Administration, Risk Transfer, Fiduciary Management Oversight, Third Party Outsourcing, ESG Consulting, GMP Equalisation, Covenant, Fiduciary Management Oversight, Buyout, master trusts, and self invested pensions

DB Superfunds Enter a New Phase: Implications for Schemes and Sponsors
  • 20 hours ago

DB superfunds have quietly crossed a tipping point. What was once a theoretical endgame option is now accelerating into a competitive market with real choice, sharper pricing and growing deal flow....

Private markets for insurers
  • 25 Sep 2026

In this briefing note, Scott Millward discusses four different types of private market asset class and their suitability for the insurance investment market.

Private markets in DC: Hidden charges, net outcomes and the need for better disclosure
  • 22 Sep 2026

In The Truman Show, the truth is elaborately concealed. For DC investors, private market fees can be much the same. Some charges are clearly disclosed, whilst others sit deeper in the structure, sh...

The intelligent guardian: Navigating risk modernisation and AI
  • 18 Sep 2026

How pension schemes can manage emerging risks through modernisation and the integration of artificial intelligence.

Climate strategy in DC Master Trusts
  • 02 Sep 2026

Addresses climate strategy implementation within DC master trust frameworks.

UK Life & Annuity Market: Strategy is settled. Capability is the constraint.
  • 26 Aug 2026

Examines how the UK life and annuity market faces capability limitations despite settled strategy.

I didn't come back talking about the robots
  • 20 Aug 2026

Discusses automation and technology implications for the pensions sector.

Mind the infrastructure gap: Crunch time for PRT insurers
  • 11 Aug 2026

Explores infrastructure investment challenges facing pension risk transfer insurers.

Broken ceasefire pushes cost of UK government borrowing higher
  • 10 Aug 2026

Analyses geopolitical impacts on UK gilt yields and government debt costs.