Hymans Robertson appoints Victoria Panormo in pensions team

10 December 2019 Consultancy.uk 2 min. read
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Hymans Robertson has appointed Victoria Panormo as Senior Defined Contribution (DC) Investment Consultant. Panormo joins the firm from Aon, having also worked as a Senior DC Investment Consultant and client relationship manager across a variety of sectors there.

The UK pensions and actuarial consulting market currently commands combined revenues of around £2 billion, with that number likely to rise further in the near future. The dominant three firms in the UK pension consulting arena bring in over half of that figure; and with annual revenues of £75 million, Hymans Robertson is the eighth largest player in the market.

As the firm looks to prepare for a busy 2020, Hymans Robertson has appointed Victoria Panormo as a Senior Defined Contribution (DC) Investment Consultant. Panormo’s expertise includes working as a consultant and client service manager, serving a portfolio of DC clients from a wide range of backgrounds across a variety of corporate sectors in the UK. In addition to her client responsibilities, she will work with new and prospective clients at Hymans Robertson to understand their issues and deliver better outcomes.

Victoria Panormo, Hymans Robertson

Panormo joins the consultancy from rival firm Aon, where she held the same role, as well as that of a client relationship manager across a variety of sectors, advising on investment strategy, plan design and plan governance. Prior to her 14 years with Aon, Panormo began her career as a Calculations Analyst with Clerical Medical, having gained a degree in Mathematics and Accounting from the University of the West of England.

Hymans Robertson head of DC Mark Jaffray said, “With 14 years’ experience advising UK pensions schemes on pension and investment issues at Aon, Victoria brings a vast amount of expertise to the role… DC schemes and master trusts are maturing and increasing their focus on investment strategies and responsible investment. Victoria’s addition to the DC team strengthens our ability to help our clients build better portfolios that engage with members and deliver those better outcomes in a sustainable and responsible way.”

Panormo herself commented, “In a post auto-enrolment era, where engagement and participation in DC schemes is increasing, it’s vital that we, as consultants, guide employers and schemes to ensure members actually engage in the right places at the right time. As the next chapter unfolds we’re seeing interest in master trusts soar post authorisation and, without doubt, we have the expertise to advise as this develops. I’m thrilled to be able to lead on some of these reviews."