Spence & Partners (Spence), one of the leading providers of pensions advisory and data services to pensions schemes in the UK, has today appointed Martyn Phillips as Head of Risk Transfer.
Martyn brings over 15 years of specialist experience in the pension risk transfer market, and during this period has developed extensive relationships with bulk annuity providers and consolidators.
In his new role, Martyn will be responsible for growing and enhancing Spence's presence and capabilities in the risk transfer market, helping trustees and scheme sponsors develop and implement robust risk transfer strategies.
Martyn joins Spence from Pension Liability Resolutions, where he was a Business Development Director, a position he held since 2021. Prior to this, from 2015 he was a Partner in the Bulk Pensions Insurance Advisory division of Mercer in the UK.
Martyn has extensive experience at a senior level on the insurance side of bulk annuity transactions, as well as in leading strategy and advice to pension schemes trustees and sponsors. He has advised on a wide range of transactions and has also led bulk annuity teams in developing a range of solutions.
Alan Collins, Managing Director at Spence & Partners, comments: "Martyn's depth of experience in the pension risk transfer market will prove invaluable to Spence's clients. His industry knowledge and specialist expertise in advising schemes and sponsors on a variety of transactions and solutions will undoubtedly help to strengthen and enhance our position in the market."
Martyn Phillips said: " Spence has already established an excellent reputation in the industry. I am delighted to have the opportunity to enhance the proposition on offer to our clients. I look forward to meeting the team and working to further the expansion of the business."