PwC forms alliance with pensions experts Redington

27 May 2015 Consultancy.uk

Pension experts PwC and Redington recently announced a strategic alliance combining the two firms' strengths to better help their clients deal with the challenges faced by the pensions industry. The firms believe that by partnering they will be able to better help organisation eliminate deficits, manage risks associated with pensions, and improve funding levels.

Redington is an in 2006 founded UK-based independent and employee-owned investment consulting firm specialised in investment consulting, ALM, risk budgeting, investment strategy, and manager research & selection. The firm designs, develops and delivers investment strategies and advises more than 60 clients, including 11 of the 25 biggest pension funds in the UK.

Just weeks after the two firms were recognised as top performing pension advisors during the UK Pensions Awards, Redington and PwC decided to join hands to help their clients meet the needs in today’s challenging pensions environment. The partners believe that an end-to-end independent advisory proposition is necessary to tackle the challenges faced by the pensions industry, such as concerns over conflicts of interest in the investment consultancy process.

PwC forms alliance with Redington

Under the strategic alliance, the two firms will provide organisations dealing with these challenges with independent advice, all the way from strategy through to execution. The partnership will connect Redington’s investment advisory business with PwC’s multi-disciplinary pensions practice. Redington will focus on adding value to the asset side of the equation, helping to drive returns from assets, improve funding levels and reduce downside risk, while PwC will focus on financing deficits, modernising pension plan designs, and asset liability strategy.

Commenting on the alliance, Raj Mody, Head of UK Pensions Consulting at PwC, says: “By applying the firms’ knowledge, people and analytics in an integrated way, this alliance will help sponsors and trustees better understand and implement the necessary changes that will solve the challenges they face. Importantly, clients can be confident about the independence of advice particularly around asset strategy. The alliance of two leading innovators is hugely exciting.”

Raj Mody - PwC and Robert Gardner - Redington

Robert Gardner, Co-CEO at Redington, adds: “Redington and PwC recognise that the challenges facing pension schemes and savers are volatile, uncertain and complex. Together, we are committed to help clients repair their deficits, and protect their funding levels. We believe an integrated solution, leveraging the breadth, depth and skills of both firms, is the best way to tackle the needs of our clients.”

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Grey Consulting and Makerversity announce strategic partnership

05 April 2019 Consultancy.uk

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”