In order to meet growing demand, Spence & Partners and its trustee company Dalriada Trustees Limited, has seized the opportunity provided by the decision of Mercer to close its specialist scheme terminations unit in Belfast, to recruit highly-prized and experienced staff to enhance and grow its specialist pension scheme discontinuance offering.
Neil Copeland, Director at Spence & Partners, said “Few final salary pension schemes remain active in the SME sector – the majority are closed to new entrants and many to future benefits. It is also an unfortunate outcome of the current economic climate that more schemes will fall into the PPF/FAS or will need to address challenging issues around the funding and governance of their schemes. We believe we are uniquely placed to provide high quality support in these areas through the services offered by both Spence & Partners and Dalriada Trustees. We have already built up so much experience in this area and with the additional expertise now available as a result of our recent recruitment we now feel even better placed to assist companies, trustees and their advisers with all their scheme reconstruction requirements.” For further information please contact David Davison at Spence & Partners (www.spenceandpartners.co.uk) on 0141 331 1004. Issued on behalf of Spence & Partners by Blueprint Media tel 0141 353 1515 Date: February ‘09