{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/XPS",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# XPS PENSIONS GROUP PLC (LSE Main Market: XPS) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nXPS PENSIONS GROUP PLC is listed on the LSE Main Market under ticker XPS, ISIN GB00BDDN1T20, LEI 2138004Y8OBPJEAACJ11. Its security type is Corporate and its segment is STMM. Its sector is Investment Banking and Brokerage Services [302020], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 47 filings in the twelve months to 2026-11-06, across 37 filing days. The median gap between filing days is 5.5 days, and the latest filing is 22 days before the record date. The LSE Main Market median cadence gap is 4 days, against a median latency of 3 days; the sector median cadence gap is 6 days, against a median latency of 4 days. The latest filing is dated 2026-10-15 and is of type financial_statement.\n\n## Auditor\n\nThe auditor of record is BDO LLP; its location is not on the record. Auditor changes are not on the record, as the market's record does not yet carry a lifecycle type map.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as the index does not yet carry a type for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nFor the elective professional client category, the outcome is ACM-200 and is determinable. For the eligible counterparty category, the outcome is ACM-200 and is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 8 research houses: Berenberg, Canaccord, Cavendish, Davy, Deutsche Numis, Investec, RBC and Stifel.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 to 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/XPS (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/08279139 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/XPS/xps-pensions-group-plc/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/XPS (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://xps-13503-s3.s3.eu-west-2.amazonaws.com/files/5417/8358/1204/XPS-Pensions-Group-plc-Annual-Report-and-Accounts-2026.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/ (coverage)\n- https://mcp.uk-cm-kg.ai/record/LSE/XPS (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://xps-13503-s3.s3.eu-west-2.amazonaws.com/files/5417/8358/1204/XPS-Pensions-Group-plc-Annual-Report-and-Accounts-2026.pdf",
    "state": "confirmed",
    "value": "BDO LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/XPS",
  "coverage": {
   "count": 8,
   "houses": [
    {
     "analyst": "James Fletcher",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Stephen Barrett",
     "house": "Canaccord",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Rahim Karim",
     "house": "Cavendish",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Ryan",
     "house": "Davy",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Steve Woolf",
     "house": "Deutsche Numis",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Vivek Raja",
     "house": "Investec",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Ben Cohen, Dawid Pych",
     "house": "RBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Charlie Williams",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/",
     "result": "read: 8 of 18 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 75,
     "median_cadence_gap_days": 6,
     "median_filings": 34,
     "median_latency_days": 4,
     "name": "Investment Banking and Brokerage Services  [302020]"
    }
   },
   "by_type": {
    "agm_record_date": 2,
    "ch_accounts_filed": 2,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 3,
    "corporate_action": 2,
    "director_dealing": 7,
    "early_warning": 19,
    "financial_statement": 7,
    "regulatory_announcement": 4
   },
   "cadence_median_gap_days": 5.5,
   "filing_days": 37,
   "filings": 47,
   "latency_days": 22,
   "latest": [
    {
     "category": null,
     "date": "2026-10-15",
     "source": "https://www.investegate.co.uk/announcement/rns/xps-pensions-group--xps/post-close-trading-update/9823632",
     "title": "Post-close trading update",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-10-05",
     "source": "https://www.investegate.co.uk/announcement/rns/xps-pensions-group--xps/notice-of-trading-update-and-half-year-results/9806796",
     "title": "Notice of Trading Update and Half Year Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-09-09",
     "source": "https://www.investegate.co.uk/announcement/rns/xps-pensions-group--xps/result-of-agm/9761824",
     "title": "Result of AGM",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-08-10",
     "source": "https://www.investegate.co.uk/announcement/rns/xps-pensions-group--xps/director-pdmr-shareholding/9713157",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-08-03",
     "source": "https://www.investegate.co.uk/announcement/rns/xps-pensions-group--xps/holding-s-in-company/9700711",
     "title": "Holding(s) in Company",
     "type": "early_warning"
    }
   ],
   "latest_filing_date": "2026-10-15",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/XPS",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/XPS",
    "state": "confirmed",
    "value": "GB00BDDN1T20"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/08279139",
    "state": "confirmed",
    "value": "England and Wales (Companies House jurisdiction field)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN GB00BDDN1T20)",
    "state": "sourced",
    "value": "2138004Y8OBPJEAACJ11"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "XPS PENSIONS GROUP PLC"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/XPS/xps-pensions-group-plc/company-page",
    "state": "sourced",
    "value": "Investment Banking and Brokerage Services  [302020]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "STMM"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "XPS"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/XPS/xps-pensions-group-plc/company-page",
    "state": "sourced",
    "value": "www.xpsgroup.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:b4ce0a9889025d91485503601e1ef6722447e522c85d4faa687026a69a55374d",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/XPS",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:b4ce0a9889025d91485503601e1ef6722447e522c85d4faa687026a69a55374d",
 "path": "/uk/LSE/XPS",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "XPS PENSIONS GROUP PLC is listed on the LSE Main Market under ticker XPS, ISIN GB00BDDN1T20, LEI 2138004Y8OBPJEAACJ11. Its security type is Corporate and its segment is STMM. Its sector is Investment Banking and Brokerage Services [302020], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 47 filings in the twelve months to 2026-11-06, across 37 filing days. The median gap between filing days is 5.5 days, and the latest filing is 22 days before the record date. The LSE Main Market median cadence gap is 4 days, against a median latency of 3 days; the sector median cadence gap is 6 days, against a median latency of 4 days. The latest filing is dated 2026-10-15 and is of type financial_statement.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is BDO LLP; its location is not on the record. Auditor changes are not on the record, as the market's record does not yet carry a lifecycle type map.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as the index does not yet carry a type for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the elective professional client category, the outcome is ACM-200 and is determinable. For the eligible counterparty category, the outcome is ACM-200 and is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 8 research houses: Berenberg, Canaccord, Cavendish, Davy, Deutsche Numis, Investec, RBC and Stifel.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 to 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/XPS"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/08279139"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/XPS/xps-pensions-group-plc/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/XPS"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://xps-13503-s3.s3.eu-west-2.amazonaws.com/files/5417/8358/1204/XPS-Pensions-Group-plc-Annual-Report-and-Accounts-2026.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.xpsgroup.com/investors/analyst-coverage-and-consensus/"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/XPS"
  }
 ],
 "title": "XPS PENSIONS GROUP PLC (XPS) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}