25 Feburary 2019
K3, the pension market’s only specialist independent bulk annuity and consolidator advisory
business, has appointed Nicola Duncan as Actuarial Consultant. The new hire continues the
development of K3’s team following the business launch in January.
Adam Davis, Managing Director at K3, commented: “It is fair to say the buyout market has
never been busier, as more schemes than ever are already in position, or nearing position,
for this to be a viable and sensible option for them. K3 is unique in the buy-out advisory
market for having both insurer and pensions consultancy experience and these insurer
relationships are something we are particularly proud of, as well as our expertise in
supporting small schemes. Where smaller schemes have struggled to date has been with
access to experts and resources – but this is something we are focused on addressing. As
such, we are committed to hiring the very best people to service them and Nicola’s
appointment is the latest move in supporting this aim, as well as aiding the growth and
development of the business as a whole.”
Davis continued: “Nicola will have a dual aspect to her role: working on project delivery to
clients – from buyins and buyouts, to consolidator transactions, and also leading on technical
aspects such as developing our solvency basis and working closely with insurers on deals.”
Nicola Duncan has over a decade of experience working in pensions consultancy across
large scale projects since becoming a qualified actuary. She has advised a range of trustee
and corporate clients, both in type and size, including those in financial services, public
sector, manufacturing and oil services, as well as a large drinks firm, a construction
company and a major publisher. Nicola has held several roles during her career, notably for
Willis Towers Watson and, most recently, Mercer, where she worked for over seven years.
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