Archive for March 2013

Will Davison

A further milestone was reached in the on-going growth of Spence & Partners with the recent launch of our London office. We were delighted to be joined by many clients and contacts for what was a relaxing and enjoyable evening.










Commenting on the evening Brian Spence said,

“Opening our London office is an exciting strategic development for Spence and we were delighted to see so many of our clients and contacts at this event.  We look forward to further building relationships in the London market”.

To see the photographs from the event please follow this link – London Launch Photographs

Kevin Burge

Ready for ageing?

A recent House of Lords study has produced a raft of statistics which show that the population of the UK is only heading one way and that is up.

Apparently the number of people aged over 85 will double between 2010 and 2030; the life expectancy for a man born in 2011 will be 93.8 and for a woman 96.7. Perhaps more worryingly the number of people with 3 or more long term health issues will rise by 50% between 2010 and 2018 coupled with a £54 billion projected shortfall in NHS funding by 2021. Read more »

Will Davison

Belfast-based actuarial and administration firm, Spence & Partners Limited, has appointed Cyril Gaffney in the role of Administration Consultant. This newly created role comes on the back of UK-wide expansion for the firm which also has offices in London and Glasgow. It marks a reunion between Spence founders, Brian Spence and Neil Copeland, and Gaffney who previously worked together as colleagues in the 1990s.

Gaffney, a graduate of Queen’s University and University of Ulster, is an experienced pensions administration professional who has worked with a number of consulting firms, including Mercer and PricewaterhouseCoopers, in a career spanning 18 years before taking on his current role at Spence.

His main focus will be on developing Spence’s innovative administration service which utilises innovative technologies to deliver cost efficient actuarial and administration to pension schemes in the UK and Ireland.

Gaffney is an Associate member of the Pensions Management Institute and the Institute of Chartered Secretaries and Administrators.

Spence & Partners CEO, Brian Spence said: “I originally recruited Cyril in 1994 in the pre-Spence & Partners days when I was at Mercer. I was sorry at the time when he left Mercer to move to a new role in another firm but now delighted to be reunited with him at Spence.

“He’s a consummate professional who understands the UK pension industry and is definitely someone who can make a huge contribution to our team.

“His appointment comes in the wake of significant growth across the business which has expanded across the UK. We welcome Cyril to the team and I look forward to working with him as we continue to build the firm.”

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