Investment - Articles - Greene King appoint XPS as actuarial and investment advisors


XPS Pensions Group is pleased to announce its appointment by the Trustee of the Greene King Pension Scheme to provide actuarial and investment advice, following a competitive tender process.

 Greene King is well known for brewing beer and running pubs in Bury St. Edmunds from its formation in 1799 by 19 year old Benjamin Greene. It runs over 2,900 pubs, restaurants and hotels and is the leading cask ale brewer in the UK. The Scheme has nearly £400m of assets providing pension benefits for around 2,500 members. The Trustees sought an adviser to help them effectively work with the Sponsor to ensure all members’ benefits can be paid.
 
 John Smith, Chair of Trustees, Greene King Pension Scheme said: “We wanted an actuarial and investment adviser with smart ideas that would be proactive and would help us engage positively with the scheme sponsor. We are really pleased to have chosen XPS Pensions Group to work with us to help us design and manage a combined funding and investment strategy to ensure we can deliver on the pension promise to our members.”
 
 Lisa Whitby, Scheme Actuary and Head of XPS Leeds, commented: “We are really pleased to be working with Greene King Pension Scheme Trustees to help them ensure their members receive their benefits in full. We are particularly pleased that the Trustees recognised that our smart solutions combined with our collaborative approach would help them work with the Sponsor to meet their objectives.”
  

Back to Index


Similar News to this Story

FCA and PRA cut senior manager regime red tape
In the first phase of reforms to the Senior Manager Certification Regime (SM&CR), the Financial Conduct Authority (FCA) and Prudential Regulation Auth
Captive insurance regime must be globally competitive
Marsh has welcomed the UK government’s announcement that it will facilitate the creation of a UK regime for captive insurance companies, enhancing the
Wealth taxes back in the spotlight
Wealth taxes are back in the spotlight, as a potential solution to the gap in the government’s finances. Over the weekend, the Transport Secretary qua

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.