Spence & Partners, the UK pensions actuaries and administration specialists, was awarded the Pension Consultant of the Year title for their ‘Spence Approach’* for defined benefit (DB) pension schemes at the 2016 Workplace Savings and Benefits Awards ceremony at London’s Royal Garden Hotel last night. Spence were recognised amongst their peers for their work, most notably their innovative approach to Defined Benefit (DB) scheme management and the role they have played in helping schemes complete DB to DC pension transfer requests. David Davison, Director at Spence & Partners, commented: “Having won the same award category at the Workplace Saving and Benefits awards last year, we are so proud and excited to have won again in 2016! 
Davison added: “Further advancements this year to our offering provides schemes with even greater integrated risk management and more confidence when making investment decisions. Ultimately schemes, no matter their size, can access a level of analysis and advice that is usually reserved for only the largest of schemes. This gives trustees and sponsors the confidence to manage their schemes to a long term strategy whilst providing accurate benefits and information to member, which is of course their primary objective. We have further developments planned for this year which we believe will take the approach even further”.