Standard Life has appointed Alexa Mitterhuber to its DB de-risking team as director of defined benefits solutions.
Mitterhuber joins from M&G where she specialised in corporate risk solutions following M&G’s re-entry into the bulk purchase annuity (BPA) market. Prior to this she held a number of roles at both Legal & General and Mercer, working across pensions insurance, pensions and investment consulting.
This appointment comes as Standard Life continues focus on de-rising solutions for pension schemes and trustees. It also follows a successful first half of 2024, where the business wrote £1.7bn worth of bulk purchase annuity premiums, and more recently announced the completion of £250m of buy-ins with the Halma Group Pension Plan.
Standard Life’s managing director of defined benefit solutions Kunal Sood says: “Alexa’s appointment, alongside other appointments and promotions we have announced over the last few years, underlines our commitment to the DB de-risking market, ensuring we have the best talent the industry has to offer.
“The outlook for the market remains very strong, and the continued growth of our team ensures we are well positioned to continue meeting ongoing appetite from schemes and trustees looking for solutions for their pension liabilities.”
