The firm has appointed five new equity partners as part of its 2024 promotions. These partners will play a key role in leading the firm’s expansion across various key markets.
The new partners appointed are Alex Toney, Collette Graham, Kathryn Rushton, Mark Norquay, and Vivienne Maclure.
Additional promotions: In addition to the new equity partners, there have been twelve principal promotions and twenty-six associate promotions.
Over the past 12 months, the business has seen its fastest growth in its 35-year history, with revenue climbing 20.7% to £146m last year. Underpinning this is an unwavering dedication to nurturing its people; it is this investment in its staff that has been the catalyst for the forty-seven senior promotions this year. This new leadership, overseen by the four new managing partners who are responsible for spearheading the ambitious strategic plans at the firm, put the consultancy in good stead to hold its market leading position in the future.
Andrew Vaughan, Senior Partner at Barnett Waddingham said: "Our commitment to our people remains at the core of our success. These promotions reflect our dedication to serving our clients and working with them to meet their goals. With these exceptionally talented individuals joining our expanding leadership team, I am confident that we will continue to be able to provide innovative, transformative solutions, and in turn sustain our significant organic growth.
“Our 1,750 professionals are united in their dedication to our distinctive culture, rooted in independence, expertise, and dedication to providing high quality service. We work hard to ensure that our robust training and development programs empower individuals to hone their skills and reach their full potential across a diverse range of disciplines. This, in turn, enables us to elevate home-grown talent, which is an important part of our strategy, and allows us to offer a consistently outstanding service to our ever-expanding client base.
“However, as we welcome these new appointments, we say goodbye to three of our current Partners — Damian Stancombe, Ian Ward, and Danny Wilding - who are retiring from BW. I want to express my gratitude and appreciation to them for their contributions to the business over the years, taking the business from strength to strength as we evolved our growth proposition. They will be hugely missed, and I wish them well as they embark on the next chapter of their lives.”
About the new partners at Barnett Waddingham:
Alex Toney, Partner, Employer Consulting
Having joined Barnett Waddingham in 2007, Alex works on both contract-based and trust-based defined contribution pension schemes across a wide range of clients, both UK and multi-national, with employee numbers in excess of 100,000. Alex has incredibly strong experience in DC consulting, and his wealth of knowledge assists his clients govern and improve their DC arrangements.
Collette Graham, Partner, Pension Administration
Collette has over 30 years' experience within the pensions industry and became a Principal at Barnett Waddingham in June 2019. Collette leads the Client Relationship Managers for the Pension Administration business area. She uses her wealth of knowledge and expertise relating to service delivery for occupational schemes to ensure that her team delivers a proactive approach to meeting clients’ needs and priorities. Collette has the advantage of having worked for both in-house and third-party administrators giving her a unique perspective, enabling her to bring bespoke solutions to Trustees facing administration challenges.
Kathryn Rushton, Partner, SSAS
Kathryn has been the Business Support Manager for Barnett Waddingham’s Small Self-Administered Pension Scheme (SSAS) business area since 2015. This unique role gives her oversight of the SSAS Projects Team, which carries out many of the core administration functions for our portfolio of over 1,600 SSASs. Kathryn also leads on the critical relationship with our banking partners, including working with them to launch and continually enhance their online process offering to SSAS clients. Her years of experience as a SSAS administrator and then client manager, combined with her problem solving and project management skills, make Kathryn a valued adviser to both her internal and external clients.
Mark Norquay, Partner, Actuarial Consulting
Mark first joined Barnett Waddingham in 2004 and works across the firm’s DB pension scheme areas, focusing on systems strategy and the delivery of multi-disciplinary projects for clients. In addition, Mark, oversees the development of Insight, BW’s online dashboard for defined benefit pension scheme trustees. Mark’s wide range of experience across both private sector and public sector pension schemes, previously advising some of the largest schemes in the UK, means that he is able to ensure the team delivers on projects, ensuring the best outcomes for clients.
Vivienne Maclure, Partner, Insurance & Longevity Consulting
Viv has been part of Barnett Waddingham’s Insurance & Longevity Consulting Practice since 2002. Viv assists clients in understanding longevity, mortality, and morbidity risks. She currently acts as Secretary for the Continuous Mortality Investigation (CMI) and has worked extensively with several CMI Committees. Viv has experience working with life insurers, which has equipped her with the background and insight to better assist insurers in understanding their risks from a regulatory - and more general risk management - perspective.
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