Hymans Robertson, a leading pensions and financial services consultancy, has announced the appointments of Alec Day as head of private sector actuarial services and Susan McIlvogue as head of large DB scheme solutions. Both Alec and Susan have been with the firm since 2014 and bring a wealth of experience to their new roles.
As head of private sector actuarial services, Alec Day will oversee the continued development of the firm’s actuarial propositions, including trustee actuarial services, corporate actuarial services, risk transfer, and wind-up transition services. Alec takes over from Susan McIlvogue, who transitions to a newly created role tailored to the unique challenges and opportunities faced by large defined benefit (DB) pension schemes.
Alec Day commented on his appointment, saying, “The past few years have seen a period of unprecedented change for the pensions market as a whole, and in particular for DB schemes. I look forward to taking up this role at such an exciting time for pensions. It’s a privilege to work with such a talented team at Hymans Robertson, which is completely focused on continuing to deliver market-leading services for the benefit of our clients and their members.”
In her new role, Susan McIlvogue expressed her enthusiasm, stating, “I am thrilled to be taking on this new role at a time when fresh thinking has never been more paramount to large schemes and an innovative approach is key. Hymans Robertson works with, and advises, some of the largest pension schemes in the UK including my own appointment as scheme actuary to the BAE Systems Pension Scheme. I look forward to using my experience to help Hymans Robertson shape and provide solutions for the benefit of more large schemes, their sponsors, and their members.”
Richard Shackleton, head of pensions at Hymans Robertson, highlighted the significance of these appointments, saying, “The appointments of both Alec and Susan are an exciting addition to our pensions leadership team. In a rapidly changing market, this will further strengthen our mission to deliver better outcomes for DB scheme members. Their experience will enable us to bring our innovative thinking to all our DB clients, whatever their size, for the benefit of all stakeholders, trustees, sponsors, and most importantly members.”