HomeArticles»Xafinity and Herbert Smith come to Northern Ireland
Xafinity and Herbert Smith come to Northern Ireland
Posted on Tuesday 21 December 2010 byUlster Business
Xafinity Consulting’s Managing Director, Robert Birmingham joins senior managers of Xafinity’s new Belfast office Donald Campbell, Kim Mairs with Nicola Magee and Brian Quinn.
One of the UK’s leading specialist providers of pension and employee benefit services, Xafinity, has announced a multi-million pound investment in Northern Ireland.
The investment in Northern Ireland by Xafinity includes the recent acquisition of PricewaterhouseCoopers LLP (PwC) trustee pension clients for whom PwC provided scheme actuary, trustee investment consulting and scheme administration services.
Xafinity Consulting will provide these clients with a full range of pensions consulting, actuarial and administration services going forward and aims to grow its business in Northern Ireland.
Further to this transaction, Xafinity Consulting has established a new office in Belfast, securing the employment of 20 actuaries, investment consultants and administrators who have transferred from PricewaterhouseCoopers LLP, Northern Ireland. A further 10 new high-value jobs will be created in the coming months.
Xafinity Consulting’s Managing Director, Robert Birmingham told Ulster Business that if successful he expects to bring additional jobs to Belfast.
“This office expansion represents a very important development in our company’s ambitious plans for growth and expands our geographic footprint into Northern Ireland. Our Belfast office will enable us to develop a bigger client base and increase the number of pension professionals to provide high quality pensions advisory and administration services to organisations throughout Northern Ireland and Great Britain. We have been impressed by the calibre of the people available and the skills base in Northern Ireland and this will add to our capability and expertise to service clients on a local basis.”
A further jobs boost came in news that international law firm Herbert Smith is to create 26 high quality posts in Belfast, with support from Invest NI.
The international law firm works across a number of industry sectors with particular strengths in dispute resolution and corporate law. It specialises in dispute resolution and corporate law and counts prominent global and national businesses among its clients. The Belfast operation will employ qualified lawyers and legal assistants, helping Herbert Smith to meet the increasing needs of clients in key markets outside Northern Ireland.
Graeme Johnston, the Herbert Smith partner who led the project team, added: “Before deciding to take this step, we considered a number of location options. Northern Ireland stood out for the great calibre of the available people, combined with cost competitiveness and geographical convenience.”