XPS Pensions Group has expanded its investment transitions team, with two senior appointments.
Susan Middleton joins as head of investment transitions and will now lead this team. The company has also recruited Julia Falk as a new senior consultant. Both join from JLT Employee Benefits.
XPS Pensions Group specialises in pension and administration services. The company has around 300 investment consulting clients with over £30bn in assets.
During 2018 it helped around 60 clients transition £2bn of assets across 30 different fund managers.
Middleton says: “Having worked in asset transitions for nearly 20 years, we know that effectively managing the movement of assets for our clients is a hugely important service. They rely on us to carefully manage the risks involved and minimise costs whilst the assets are in transit.”
XPS Pension Group head of investment Patrick McCoy adds: “We are really excited to have recruited the leading investment transitions team in the market. When our clients make decisions, we will ensure they are implemented quickly and effectively, using a risk-controlled approach.”