EY has appointed Paul Kitson as a new partner to lead its UK pensions consulting business.
Kitson will be in charge of a group of more than 50 actuaries, experts in scheme excellence, and investment consultants who will provide advice to pension funds, corporate sponsors, and pension providers throughout the UK.
Kitson joins after ten years at PwC, whereas a UK partner he advised some of the biggest corporates and pension funds in the UK on a variety of specialised topics throughout the most difficult economic times of the previous ten years.
Kitson began his career as an actuarial advisor at Towers Watson and Aon Hewitt and then held the position of managing director at Nomura before joining PwC.
EY UK financial services consulting leader Paul Sparkes says: “I am delighted Paul has joined to lead our UK Pensions Consulting business. EY advises some of the largest UK pension funds, and in such challenging economic times, Paul’s deep sector knowledge, experience and vision for growth will be invaluable.”
Kitson says: “I am delighted to join EY as it invests in its dynamic pensions practice. Our growing team will support UK businesses as they recover post-pandemic and deal with both the challenges and opportunities that higher interest rates bring.
“I look forward to driving solutions that add value to pension funds, members and their corporate sponsors by supporting defined benefit schemes achieve suitable endgame destinations and encouraging growth in defined contribution funds.”