XPS Pensions Group has promoted Mark Searle to be its new head of DC investment.
Searle joined XPS in October 2020 has been involved in developing DC investment strategies, including the ESG-oriented default arrangements for schemes, which take into account issues such as climate change and the net zero transition.
Searle says he was looking to build on this work on sustainability in this new role. He says: “I am particularly excited about the opportunities surrounding XPS DC analytics and helping employers and trustees refine their DC arrangements so that they can tailor their investment approaches to the specific needs and preferences of their members.”
XPS Pensions Group’s head of DC Sophia Singleton says: “[Searle] brings a wealth of expertise and experience of providing strategic and pragmatic advice to a wide range of diverse clients. He will play a key role in helping our clients through some major short-term and longer-term challenges as we continue to grow our DC business.”