The Salvus master trust, a leading pensions provider offering workplace pensions to all employers in the UK, and part of Goddard Perry, has appointed Graham Peacock to head up its newly merged master trust, Salvus.
Graham joins from Carey Group, where he was Head of Business Development, playing an instrumental role in developing the auto-enrolment proposition for business advisers and accountants. He has held a number of other senior positions, including at Close Brothers, Friends Provident and Zurich, where he developed a leading range of pensions products.
Commenting on the appointment, Steve Goddard, MD of Goddard Perry says:
“2016 is a big year for auto-enrolment with as many as 500,000 employers set to stage. As an established master trust, it will also be a big year for us – we have already seen a marked increase in enquiries from these smaller employers and professional partners, such as advisers and accountants. However, if we are to be able to service new and existing clients effectively, it is important that we have the right people on board.
“In Graham, we have an experienced auto-enrolment expert joining the team. His knowledge of the industry and strong relationships with financial advisers and other business referrers will be a valuable asset as we target significant growth over the next 12 months and beyond.”
Commenting, Graham Peacock, says:
“As well as being a big year for master trusts, the auto-enrolment staging dates for this year make it a challenging year for business advisers as well, who will have to ensure they are guiding their clients to the most suitable pension solutions. It is therefore essential that their clients are confident they are in the right workplace pension scheme from the outset. Salvus’s critical mass and reputation, coupled with a strong default performance, range of investment options outside of default and soon to be confirmed master trust assurance framework accreditation, ensures much of the burden is removed from business advisers while providing a comprehensive and cost-effective service.”
Salvus recently merged with Goddard Perry’s other master trust, Spinnaker, the DC master trust selected by the Pension Protection Fund, to create a £40m trust. It celebrated another milestone earlier this week when its 1000th company registered on the scheme.