Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

20770

Spence to provide actuarial, investment and pension scheme administration for Simons Group

RELATED TOPICS​

Spence & Partners, the UK actuaries and consultants, today announced their appointment by 

Simons Group has appointed Spence & Partners to provide actuarial, investment and administration services for its 450-member, GBP25 million DB pension scheme.

Alan Collins, Head of Trustee Advisory Services at Spence, says: “The Pensions Regulator’s Integrated Risk Management (IRM) guidance encourages trustees to make joined-up decisions around funding, investment and governance. Most schemes face three key issues when trying to do this – systems, data and monitoring. Our Mantle system allows schemes to make informed decisions around their funding at any point in time, based upon the live administration and investment data.  This empowers trustees to be fully responsive to funding opportunities that will benefit the scheme.  Ultimately, we are giving trustees and sponsors of all schemes levels of analysis and advice that is usually reserved for schemes with much larger budgets.  We firmly believe this will provide trustees and sponsors with the tools to successfully manage their schemes towards an end goal. We are very pleased to be working with Simons Group.”
 
Michelle Padgham, Commercial Accountant and Trustee at Simons Group, says: “During the appointment process Spence were able to very clearly demonstrate how they will work with us to continue to develop and implement clear long-term strategic objectives. The Spence approach is refreshing, pro-active and has significant advantages compared to other solutions in the market.  We are really looking forward to working with Alan and the team at Spence.”

Latest News

Bloomberg and General Index (GX) have announced the expansion of their strategic collaboration which builds..
EFAMA has commented on today’s vote by the European Parliament in favour of a new..
Morgan Stanley Investment Management (MSIM) has announced the launch of the MS INVF Systematic Liquid..

Related Articles

Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US are committed to implementing a variety of measures to address climate change and reach their net-zero goals, according to Cerulli Associates...
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US..
Lord Hollick, House of Lords
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with genuine independence from government and how they are held to account...
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with..
Rob Edwards, Morningstar
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed bag in 2023...
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by