Standard Life has appointed Jack Hill as director of defined benefit solutions, while Alex Oakley, Emma Haylock, and Joe Haswell have been appointed as bulk purchase annuity (BPA) transaction managers.
Hill will be in charge of developing, origination and the implementation of defined benefit solutions, including BPA transactions and other de-risking options. Hill has extensive DB and BPA experience and has held senior roles overseeing Standard Life’s annuity portfolio.
Oakley, Haswell and Haylock will be responsible for driving BPA origination and transaction execution. They have all previously worked as BPA pricing actuaries at Standard Life and have experience supporting some of Standard Life’s BPA transactions, including those with the Gallaher Pension Scheme, Whitbread Group Pension Fund and WH Smith Pension Trust.
Standard Life managing director defined benefit solutions Kunal Sood says: “We are always looking for ways to develop our internal talent pool and harness their expertise and insight. These four internal appointments are very well deserved and reflect the deep level of talent and expertise that exists within our team.
“In a busy BPA market, having the very best team to help meet the needs of Trustees and schemes is vitally important and these promotions further strengthen our position within the market. With the market set to remain busy, looking ahead, our focus continues to be on ensuring we work closely with schemes and trustees to support them on their derisking journeys, drawing on the expertise and insight of the team to help secure the very best outcome for members.”