Hymans Robertson has appointed Sachin Patel to be its head of corporate DB.
In this role, Patel will lead the team to support corporate clients as they navigate the array of complex issues and decisions that surround the running of DB schemes.
Patel has been at Hymans Robertson since 2014. He is currently the head of corporate DB endgame strategy and a lead consultant in the corporate DB pensions team.
Patel has vast experience helping corporates tackle day to day issues with their DB pension schemes, in particular planning their endgame journey within an increasingly varied DB pensions landscape. His appointment supports the leading pensions and financial services consultancy’s commitment to providing tailored and personalised advice to companies as they manage their DB pension schemes.
Hymans Robertson head of corporate consulting Leonard Bowman says: “[Patel] is a senior member of the corporate DB team and has played a key role in the firm’s thinking and innovation in an ever-changing and fast-moving DB pensions market.
“In this role he will help our corporate clients navigate the array of opportunities available for DB schemes. He will also ensure that our clients are well-positioned to respond to, and benefit from, the evolving regulatory and policy landscape. [Patel] brings a wealth of experience, deep market insight and a collaborative approach that will be invaluable as we support our clients through this exciting period of change.”
Patel adds: “The DB landscape has undergone a remarkable transformation in recent years, with many schemes now in a significantly stronger funding position and able to explore strategic options that were previously out of reach.
“I’m thrilled to step into this role at a pivotal time for the market, and to help our clients navigate this evolving environment with confidence. With the upcoming Pensions Bill and the potential for substantial changes in the UK DB sector, it’s essential that the voices of all stakeholders, particularly corporates and individual members, remain central to the conversation.”