Pensions - Articles - Spence chosen by Edinburgh Airport for DB scheme management


Spence & Partners announced their appointment by Edinburgh Airport Pension Plan for their award-winning, fully-integrated approach to DB scheme management – ‘The Spence Approach’. Services to the 329 member, £95 million Plan will include actuarial, investment and pension scheme administration.

 Brian Spence, Scheme Actuary to the Plan at Spence commented: “Trustees are looking for greater scheme transparency and a more joined-up approach to funding, investment and governance. 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 – what we see, they see. Trustees are no longer looking in the rearview mirror; instead they can be fully responsive to funding opportunities that will benefit the scheme. We are very pleased to be working with Edinburgh Airport and the Trustees.”

 Nicky Muldoon, Head of Procurement and Trustee of the Pension Plan commented: “Appointing an adviser with a fully integrated scheme management approach was something we at Edinburgh Airport and trustees of the airport’s pension scheme identified as a key measure to protect the long term benefits for scheme members, and the appointment of Spence and Partners will deliver on both of those fronts. We are pleased to be working with Spence and Partners and look forward to a successful relationship with them.”
  

Back to Index


Similar News to this Story

The growing gap between retirement expectations and reality
PensionBee has warned that millions of people in the UK are heading towards retirement incomes far below what is commonly understood to be adequate, i
Comments on Value for Money Framework proposals
Standard Life, Aviva, Hymans Robertson and Broadstone comment on the FCA's latest consultation on the Value for Money framework, announcing sever
Pension transfer petition nears deadline
Pension savers are being urged to act now as the clock ticks on a parliamentary petition designed to stop unnecessary delays when people seek to move

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.