Actuarial Firm Spence & Partners’ continued growth

David Davison

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In these tough economic times Spence & Partners and their group companies have announced another year of sustainable growth. Turnover for the group companies topped £4m and profit before taxation was up 45% from £440,000 to £639,000 for the year ending 31 March 2009.

The company continued to expand in staff terms and increased headcount by 28.5% from 35 to 45.

Liz Fergusson, a director of the company commented “these are a fantastic set of results given the current economic conditions, and demonstrate the commitment by all our people to provide an excellent service for our clients. We have ambitious plans for the business, and have committed to significant investments in IT infrastructure, data security and document management all of which we believe will keep us at the forefront in our market.”

For further information please contact David Davison at Spence & Partners ( on 0141 331 1004.

Issued on behalf of Spence & Partners by Blueprint Media tel 0141 353 1515

Date: August ‘09

David Davison

Post by David Davison

Specialist consultant on pensions strategy for corporate, public sector and not for profit employers