Ashcourt Rowan sells personal pensions admin business

Ashcourt Rowan has agreed to sell its pension trustee companies, Ashcourt Pension Trustees and Robinson Gear Management Services Limited, and the trade and certain assets of its pension administration business, Ashcourt Rowan Administration, to Mattioli Woods for up to £1.325m.  This comprises an initial consideration of £700,000 with further deferred…