Appointments update - 22 February 2024

First Actuarial founding partner, Hilary Salt, has announced her retirement.

Salt was named actuary of the year in 2012 and is a well-known personality in the UK pension industry. Her career began in 1981 at Refuge Assurance in Manchester, where she started her training as an actuary. Following two years at WTW, she spent a decade setting up and running her own pensions training and advice consultancy. In 2002, she was appointed partner at Hazell Carr and, in 2004, she became one of the nine founders of First Actuarial. Salt has played an instrumental role in several national initiatives, notably with The Pensions Regulator’s funding industry working group, and the introduction of two new NHS pension schemes. She said that her only regret is that she would have liked to see the Royal Mail CDC scheme up and running before her retirement as she believes CDC is her “most important legacy”.

Pensions for Purpose has appointed Kevin Jones as non-executive director.

Jones is director of risk and general counsel at Brunel Pension Partnership, where he is responsible for the legal aspects of transitioning over £30bn of client assets into the firm’s management. In addition to his 30 years of experience working as a corporate lawyer, he brings his knowledge in risk management, legal frameworks, and impact investments. Before joining Brunel, Kevin was a partner with Browne Jacobson. “Kevin’s appointment represents a significant addition to our board, introducing fresh perspectives and robust legal expertise,” Pension for Purpose chief executive, Charlotte O’Leary, said.

Standard Life has appointed Mike Ambery as retirement savings director.

Ambery joins from Hymans Robertson, where he was a partner and DC consultant. Prior to this, he spent four years as a consultant in the tax and pensions team at KPMG and worked at the Co-operative Insurance Society. He brings 20 years of industry experience ranging from pension scheme designs and benefits management to pension dashboard preparedness. He is a fellow of the Pensions Management Institute. “I’m pleased to be part of such a dynamic business, and to be able to help shape its voice and policy as it supports consumers achieve their best possible retirement outcomes,” Ambery stated.



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