Hugh Stevens buys the iSelect Uk pensions advice business

Stevens, who previously ran the NZX-owned Smartshares business, says iSelect, a licenced fund manager, will continue to offer tax-efficient pension or superannuation solutions to its customers.

“They're quite separate roles, so I'll have to keep them at arm's length,” Stevens says.

iSelect's founder, Chris Heffernan will continue to act as senior technical advisor to the business under Stevens' ownership.

“Our new structure opens up exciting avenues for growth and allows us to tackle a wider range of pension transfer challenges faced by our clients,” Heffernan says.