First Actuarial has appointed former managing director of Quattro Pensions Andrew Allsopp as an actuary.
Allsopp, who has more than 20 years of director-level experience, began his professional career at Hazell Carr. He became a trained actuary in 2001 and has been working as a scheme actuary since 2002.
He went on to become a founding partner in Quattro Pensions, which emerged from Hazell Carr’s Midlands branch. He assumed responsibility for marketing and management.
He helped take the company from start-up in 2002 to over £7m annual revenue in 2023. He oversaw the negotiations and the sale process when Broadstone acquired Quattro Pensions in 2022 and remained as senior actuarial director for two years.
He has advised on schemes ranging in size from £1m to £2bn. He has given clients advice on scheme funding, investments, company accounting, and mergers and acquisitions. He is on the board of the Institute and Faculty of Actuaries Designated Professional Body.
Allsopp says: “Helping to grow and develop Quattro into a well-respected, mid-market business is a career highlight. I’m particularly proud of the reputation we built at Quattro for treating both staff and clients fairly.
“With our shared values, First Actuarial really does feel like home. Their attitude towards both clients and staff is very much like the business I built at Quattro. First Actuarial say they simply want happy clients and happy staff – treating everyone fairly and always doing the best for clients. That sums it up. It’s professional and friendly in equal measure.
“I’m excited about the work I’ll be doing at First Actuarial. Every scheme brings an interesting new angle. And in an ever-changing environment, there will always be fresh challenges. I’m also looking forward to my involvement in new business activities and helping to grow the firm.”