Xafinity Plc (LON:XAF) is the topic of discussion when Robin Savage, Research Director at Zeus Capital talks to DirectorsTalk. Robin explains what the company does, the main points for investors to consider, his thoughts on the current share price and what might move it higher.
Xafinity plc is a pensions actuarial, consulting and administration business providing a wide range of advisory and compliance services to over 550 pension scheme clients which operate in a highly regulated environment. The Company combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies, primarily of UK defined benefit pension schemes. The Group also provides services in the UK defined contribution pension scheme market and the SSAS & SIPP markets.
The Group has more than 400 employees, of whom approximately 90 per cent are client facing, with offices in Reading, Leeds, Stirling, Belfast, London and Manchester. This provides Xafinity with access to staff, expertise and clients in geographic locations across the UK.