Glasgow-based Kenneth Wilson joins the senior management team in Scotland as principal and is a Scheme Actuary. With 20 years’ pensions experience, he previously worked at Aon where he was responsible for delivering actuarial, secretarial and governance services to some of the firm’s largest Scottish trustee clients. Colin Dobbie also joins as a senior consultant from Barnett Waddingham where he worked as an Actuary for LGPS Funds, Police & Fire Authorities and Funeral Plan Trusts.
The appointments follow an exciting start to the year for Isio, which recently announced impressive growth in both revenue and profits. Its core Actuarial & Consulting and Pensions Administration service lines grew organically by 10%, whilst its extending beyond pensions service lines grew organically by 21%.
Isio, which recently celebrated its third anniversary, also announced at the start of the year that it had signed an agreement to acquire Deloitte Total Reward and Benefits Limited, the UK pensions advisory business of Deloitte LLP. Upon completion of the deal next month, it is anticipated that Isio will have annual revenues of more than £140 million and 1,000 employees, with headcount set to increase in its offices across the UK, including in Glasgow and Edinburgh.
Kenneth Wilson, principal at Isio, commented on his new role: “I am excited to join a growing, innovative company with an integrated approach to pension scheme trustee and actuarial services that produces optimal outcomes for clients. It is a privilege to draw on my previous experience and work with some of the best talent in the Scottish market in a friendly and inclusive environment. I look forward to playing a role in Isio’s continuous growth in the Scottish pensions market.”
Colin Dobbie, senior consultant at Isio said: “Isio is a disruptor in the sector and joining the firm has given me a great opportunity to work with public service pension scheme clients and improve the way they engage with their members. Member engagement is a particular passion of mine, helping people, employers, and schemes to understand their pension benefits and realise their value. I am excited to be part of this growing team and engaging with the Scottish Public Service Pension Schemes.”
Julie Gray, Head of Isio Scotland and partner added: “It has been a great year so far for Isio Scotland and the wider Isio Group. Both Kenneth and Colin are significant experienced hires who join the exciting journey we are on to increase our presence in the Scottish market.”
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