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Barnett Waddingham appoints principal and risk transfer actuary

by Muna Abdi
June 17, 2025
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Barnett Waddingham (BW) has appointed Oliver Ward as principal and risk transfer actuary to its bulk annuities team.

Ward spent nearly 12 years at PwC, where he began his career in the pensions practice advising both sponsors and trustees of DB and DC pension schemes, most recently as head of the Leeds pension team. He advised clients from FTSE 100 companies with schemes over £10 billion to family-owned private businesses, across the full spectrum of pensions issues. He has also worked with schemes that have an overseas parent, facilitating the decision-making process for key stakeholders who are not familiar with the UK pensions landscape.

In his new role, Ward will work with trustees and sponsors of defined benefit (DB) pension schemes of all sizes to identify and implement tailored risk transfer solutions. 

His appointment comes as Nikhil Patel is promoted to partner as part of the firm’s recent promotions and hires in light of its acquisition by Howden.

Ward says: “I’m incredibly excited to be joining such a great team at what is a pivotal time in the market. The solutions available (and market competition) from traditional insurers and third-party alternatives has continued to increase, and clients need our help more than ever to find the right outcome for their stakeholders. I’m really looking forward to helping the team continue to grow and build on BW’s strong reputation.”

BW partner Nikhil Patel says: “We’re welcoming Oliver to BW at an important juncture for the risk transfer team. Having already completed a record number of deals in the first half of this year, and many more in the pipeline, Oliver’s experience providing strategic and transaction advice will support us through the next stage of delivering the solutions our clients require.”

 

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