Duncan will be responsible for managing the businesses strategic development across its data solutions propositions and Technical & Scheme Compliance and Paul will be responsible for the Pension Administration business and for developing the strategy to meet the evolving needs of pension schemes.
Duncan, who is a pension actuary, joins from AON Hewitt where he was their UK Chief Operating Officer with responsibility for over 2,250 UK and 650 overseas pension experts.
Paul joins from Capita where he had been a board member and played a leading role in auto enrolment developments. Most recently he headed up their DC Consulting team and the Teachers’ Pensions contract team.
Ric Williams, Managing Director, Equiniti Pension Solutions, said: “I am delighted to welcome Duncan and Paul to Equiniti. Both have led significant pension businesses during a period of major evolution in the pensions industry. However, the industry and the schemes that we service are facing fundamental change, and Duncan, Paul and our existing highly experienced team will be delivering solutions that clearly position Equiniti ahead of the competition as the markets leading and most innovative pension administrator and software provider.”
Duncan Watson, Managing Director, Data Solutions, comments: “It’s a really exciting time to join Equiniti. The firm has undergone material change in a market that has itself been changing fast. Equiniti has grasped the need and opportunity to transform into an organisation that supports the new world of the ‘retirement wealth journey’ rather than just offering what are becoming increasingly historical ‘pensions’ products and services.”
Paul Sturgess, Director of Pension Administration and Strategy, said: “The new pension freedoms will create huge opportunities for pension schemes to provide more tailored services for their members. It will be our responsibility to ensure that we provide the necessary people and technology platforms to support them and I genuinely look forward to being part of a team that is committed to driving this forward.”