Announced
Synopsis
20-20 Trustees, an independent trustee organisation, and Punter Southall Governance Services, an independent pension trustee company, agreed to form Vidett, an independent trustee and pension governance business. Financial terms were not disclosed. “We both independently concluded our businesses were complementary and combining them would add significant impetus to accelerate our growth plans. 20-20 and PSGS had different attributes but similar ambition and cultures, based on collaborative teamwork, sharing knowledge to drive progress for our clients and embracing innovation. As both firms have always been committed to delivering the best client service, this will be a key measure of Vidett’s success in the future," Naomi L’Estrange and Wayne Phelan, Vidett Co-CEO.
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