Embark Services financial strength rating upgraded to ‘B Strong’ by AKG
Ratings specialist AKG has upgraded the financial strength rating of Embark Services Limited (the company behind Hornbuckle) to ‘B’, demonstrating the SIPP provider’s continued commitment and investment in the business.
The move means Embark Services Limited now has a financial strength rating of ‘strong’, reflecting recent improvements to technology to drive greater efficiency and support service delivery to advisers and clients, along with a program of incremental improvement to online services and investment solutions.
The upgrade comes after we have invested extensively in our SIPP business over the last few years to ensure we can provide a good quality service to both advisers and clients.
Paul Downing, Managing Director of Hornbuckle, commented:
“This rating supports our expectation of sustained financial strength over the longer term. To be recognised in this way shows our strength in the SIPP market, as well as positioning us as a key player in the industry.”
The AKG rating is designed to meet advisers’ information needs for assessing the financial strength of UK providers, and to provide independently evaluated information to assist in the selection of a service provider. It evaluates company structure, financial data, assets under administration, distribution and product information and service.