About Us

Spence is a UK firm of pensions experts – with a focus on consultancy, actuarial, administration and the development of specialist data solutions.

Empowering the Pensions Industry

We are on a mission to bring simpler and smarter solutions to the pensions industry. Focused on making it easy for you to meet your scheme goals.

A wealth of experience and expertise are the foundation of our innovative outlook and from our founding in 2000, Spence quickly became synonymous with practical and pragmatic advice.

We serve all stakeholders of Defined Benefit and Defined Contribution pension schemes. We share a common purpose to empower trustees, employers, professional advisers and members with the right tools, technology, personal and professional support.

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Obsession for Excellence

Understanding the landscape within which a pension scheme operates is the key to finding the right practical steps. Our obsession with the industry has created specialists in every area including experts in multi-employer, charity and LGPS pension schemes where the risks and reactions are unique.

Our agile structure allows us to respond to a rapidly changing market and regulatory landscape resulting in key innovations in service delivery and operations.

This led to our clients, and members, being the first to benefit from the power of our integrated actuarial and administration platform. A game changer in data security, access to scheme and member information, and automation and accuracy of benefit calculations.

Our specialist services

A Trusted Partner

Our approach to our professional relationships encourages transparency and collaboration.

Whether industry body, client or professional peer we believe in creating a healthy and motivated environment to equip everyone to give their best to the schemes they serve.

We have strong and long-standing partnerships with the Pensions Regulator and Pension Protection Fund where we are one of four firms on the Special Administration and Actuarial Services Panel, assisting pension schemes during the Assessment Period for entry to the PPF.

Life at Spence

Our goal of providing healthy and worthwhile careers has created a community of actuarial, administration and pension consultancy colleagues with true purpose and drive.

Our Culture

We don’t pigeonhole colleagues and aim to provide challenging and stimulating work which will allow our staff to build rewarding careers.

Innovation Through Authenticity

Every employee feels valued and empowered to bring their authentic selves to work. This allows a culture of innovation and improvement to flourish.

Meet Our Experts

Get to know the people behind the service. Explore our talented team and their range of expertise.

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Awards & Accreditations

Spence operates under several complementary and independently audited management, quality and security frameworks, with a focus on data protection, service continuity and compliance.

Accreditations