Hymans Robertson appoints Richard Wellard as head of alternative risk transfer solutions

Hymans Robertson has appointed Richard Wellard as head of alternative risk transfer solutions.

In this role, Wellard will lead the team to support trustees and sponsors that are considering newer risk transfer options including superfunds, capital backed solutions and alternative insurance products.

With Clara Pensions set to become an established solution, and the range of solutions for risk transfer increasing, Wellard’s role will support clients at a time of greater competition and continued growth in this space. 

Lara Desay, head of risk transfer at Hymans Robertson, said: “Richard has played a key role in the firm’s thinking around the alternative risk transfer market.

“He has always been at the forefront of innovation in the risk transfer market and will continue this further helping our clients navigate the wide range of options available to them, ensuring that they choose the best path for their needs and for members.”  

Wellard added: “The past few years have been a period of huge change in the alternative risk transfer market, and I am delighted to take on this role at such a key and exciting time.

“With a growing range of different endgames and paths that pension schemes can take, it is important to objectively assess all the alternative solutions.”