SEI Master Trust completed the acquisition of National Pension Trust from XPS Pensions Group for $53m.

SEI Master Trust, a pension scheme, completed the acquisition of National Pension Trust, a market-linked voluntary retirement contribution scheme, from XPS Pensions Group, a pensions consulting and administration business, for $53m. "Everything we do is centered around helping members of pension schemes receive the best outcomes and security in retirement. This goal has underpinned the operation of National Pensions Trust for many years, and it is a high-quality master trust that serves our clients, and most importantly, the members, very well," Paul Cuff, XPS Pensions Group Co-CEO.