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Redington welcomes Elliot to DB team

Redington welcomes Elliot to DB team

Mark Dunne
Wednesday 24th January 2018

Investment consultant Redington has hired former Deloitte actuarial director Marian Elliot as part of its plans to expand its defined benefit (DB) expertise.

Elliot (pictured) brings more than 10 years of experience to the role of building an actuarial business after holding senior positions at pension consultants Spence & Partners and Atkin & Co.

This is the latest of several recent developments in Redington’s strategy to expand its reach and digital expertise. Previous steps have included launching a business in China and hiring Adam Jones in the newly-created role of chief technology officer.

Recruiting Elliot will take the firm’s level of consultancy beyond investment. By taking actuarial skills in house, it can take a more integrated approach to risk management across funding, investment and covenant risks.

Elliot said Redington’s lack of legacy actuarial activity gives it a unique chance to differentiate itself from its peers and form a fresh approach to the discipline.

“Integrated risk management is about more than ticking a regulatory box,” she added. “Done well, it can significantly move the dial in generating better outcomes for all pension scheme stakeholders.

“I am excited to join the team and to leverage its existing skills, smart use of technology and relationships across the market to deliver a new approach to how we tackle IRM for our clients.”

Redington head of DB pensions Dan Mikulskis said clients want DB advisers to be more integrated across investment, funding and covenant considerations while being technologically enabled.

“Redington has a continued belief in an alternative approach to shaping and informing advisory services and we are positioning our business to be at the forefront of both of these needs,” he added.

“Hiring Marian is the next step in bolstering this integrated offering – we can’t wait for her to get started.”


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