20-20 Trustees acquires Steve Southern Trustees Limited and makes new senior hires

20-20 Trustees, one of the UK’s leading independent trustee firms, is continuing to deliver on its ambitious growth strategy with the acquisition of Steve Southern Trustees Limited (SSTL) and the further recruitment of several leading industry figures.

Founded in 2012, Manchester-based SSTL has become a widely respected and fast-growing professional trustee business, currently supporting over 50 clients including several household names and Fortune Global 500 clients. Steve Southern himself is one of the leading names in the professional trustee world and will materially strengthen 20-20’s impressive brand nationally as well as its pre-eminence in the North.

Steve is accompanied by his talented and experienced team comprising of Rebecca Wood, Catherine Williams and Mark Johnston, who, between them manage a great many of SSTL’s important client relationships.
In addition to this acquisition, the second half of 2020 has also been a period of structured and progressive organic growth for 20-20 Trustees with some significant recruitment activity as the company looks to cement its position as one of the strongest brands in the UK professional trustee market.
Recent recruits include Martin Collins and Adrian Spann, Stuart Walters and Jim Robson. Martin has held a number of key pensions roles including at Lloyds Banking Group; Adrian has extensive experience of multi-billion DB and DC schemes, a leading Master Trust and Independent Governance Committee. Stuart Walters, was previously Head of Pensions for Wincanton and also has a number of years’ experience as a trustee in the Housing sector; and Jim Robson, the most recent recruit, joining just last week from his role as Pensions Manager at Boots.
20-20 Trustees Managing Director, Naomi L’Estrange, says: “Our growth plans for the year included investing in people to support the organic growth we have achieved over the past couple of years, but to also take advantage of opportunities to grow via acquisition where we felt those businesses complement our dynamic and commercial culture. By acquiring SSTL and with these new hires we welcome some of the finest pension professionals in the UK to our growing team and they will contribute hugely to our continuing growth and success.”
Steve Southern, Founder of SSTL, says: “20-20 Trustees is widely recognised as one of the most innovative and professional trustee firms in the UK. They offer an impressive range of client solutions and the opportunity to join them was one that I welcomed. SSTL has always put professional expertise and exceptional client service at the heart of our offering and that make 20-20 Trustees a perfect partner.”