Adam Davis, Managing Director of K3 commented: “Small schemes, quite rightly, should expect the same opportunities and innovations as large schemes, and we are proud to be able to deliver it. Over the last five years K3 has successfully transitioned a huge number of small schemes through their funding journey leaving them, and their members, in a much stronger position. The UK market continues to evolve, we are experiencing increasing interest in our services, including on larger schemes who see value in our approach, and we expect this trend to buyout to continue - our team and our market presence has grown, and we continue to invest in the highest calibre of individuals to join our senior leadership. Andrea is a highly qualified professional with an extensive background, and a strong track record. Taking a pivotal role as Partner, she will work closely with us to enhance and evolve our holistic services, taking the lead with our solutions for schemes moving through the buy-in phase of the transaction to ultimate buy-out. In addition, she will manage relationships with insurers, reinsurers, business partners and trustees. We are delighted to have her onboard for the next exciting phase.”
Mendham added: “K3’s achievements over the last five years speak for themselves. Their dedication, commitment and passion for supporting schemes, and their true independence, made joining them an easy choice. I am looking forward to working with the team to drive the industry forward through innovation and change – delivering better member outcomes for our clients.”
Andrea joins K3 from Just Group where she was involved in all aspects of Bulk Annuity transactions, leading relationships with Professional Trustees, and the buy-in to buyout transaction team. Prior to that, she was with the Pension Protection Fund.?Andrea qualified at the Institute and Faculty of Actuaries as a Fellow in 2011.
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