Investment - Articles - Isio appointed Scheme Actuary for Scottish Leather Pension


Isio has been appointed as Scheme Actuary, investment advisor and administrator to the Scottish Leather Group Pension Schemes following a thorough selection process.

 With an enviable heritage, including seven generations of family tanners and leather makers, Scottish Leather Group creates the world’s finest sustainable leather for many of the world’s most respected companies.
 
 The Trustees decided to review the existing provider, in place for a number of years, to ensure they had the optimal partner and approach for the next stage on the Schemes' journey.
 
 Iain McFadyen CEO of Scottish Leather Group said: “Isio not only demonstrated that it could deliver quality strategic advice but impressed us with how much passion they showed for the work. The team had clearly taken the time to get to know us, understand our needs and as a result were able to present a proposal that more than met our objectives and was focused on delivering a collaborative and personable approach with clear outcomes.
 
 Julie Gray, partner and head of Isio in Scotland commented: “We are delighted to be working with such a prestigious Scottish brand and its Trustees to drive forward the strategic journey for the Schemes. We are also really pleased that the Trustees particularly recognised our fresh, joined-up people-first approach. This is central to everything we do as we continue to successfully grow our pensions advisory practice in Scotland.”
 
 Mike Kennedy, director of ProPensions and independent trustee to the Scheme added: “Moving service providers can look like a daunting task for trustee boards, but the Isio team clearly set out the timescales and processes to be followed and kept the trustees fully appraised as the exercise progressed. Their engaging and proactive style resulted in a successful handover, enabling them to begin providing strategic advice to the trustees from the outset and ensuring a seamless provision of services to our members.”
 
 John McAleer, principal at Isio, added: “It’s a real honour to take on this Scheme Actuary appointment and we are really excited about the value we will bring to the schemes over the years to come.”
  

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