Pension group XPS has reported flat profits for the 12 months ending 31 March at £11.4m but remains positive about the year ahead.

XPS Pensions Group has acquired the entire issued share capital of Trigon Professional Services Limited (Trigon) from Trigon Pensions Holdings.

Over 400 trustees and employers of UK pensions schemes attending the XPS Pensions Group’s annual conference last week believe they must “make a difference to climate change”, with 60% of schemes having already moved away from a traditional investment approach.

XPS Pensions Group has bought RL Corporate Pension Services Limited from The Royal London Mutual Insurance Society.