Colin Mayger appointed Chairman of EURACS platform

04 December 2015

Colin Mayger, partner at Barnett Waddingham, has been named as the new Chairman of the European Actuarial & Consulting Services network. Mayger, who has been with Barnett Waddingham since 1995, takes over the two-year long posting from Roel Nass, partner at Dutch actuarial and pensions consultancy firm, LNBB.

Roughly 20 years ago, a number of actuarial advisory firms based in Europe joined forces to establish EURACS (European Actuarial & Consulting Services). The platform has since grown to a network of 18 member firms (representing more than 1,000 professionals), which work together to deliver cross-border pensions, benefits and insurance solutions to their international clients, and in addition share technical expertise and best practices.

Over the past two years EURACS was led by Roel Nass, a partner at LNBB, a Netherlands-based actuarial and pensions consultancy firm. Following the recent expiry of his two-year term, EURACS embarked on a search for his successor, with Barnett Waddingham partner Colin Mayger elected as the new Chairman*. Mayger has been with the consultancy for 20 years, joining in 1995 from Bacon & Woodrow (acquired by Aon in the late 1980s), and specialises in pensions advisory and the management of pension schemes. He focuses on a wide range of types and sizes of schemes including defined benefit schemes which include a defined contribution section within the same trust, as well as stand-alone defined contribution schemes (both trust-based and contract-based). Mayger currently serves in an actuary role for twelve schemes, with on-going schemes (six are in the process of winding-up) ranging in size from £10 million to £450 million.

Colin Mayger - Barnett Waddingham

Commenting on his new role, Mayger says “I am honoured to take up this position and look forward to representing and championing the interests of our members across Europe and helping to enhance the range of services we can offer to our clients. Today’s business environment is becoming increasingly globalised making it more important than ever for firms to find ways to collaborate across Europe without losing their independence.”

Last month the 18 member firms of EURACS joined forces with their North American, African and Asia counterparts to launch a global platform: Global Actuarial & Consulting Services (GLOBACS).

* Barnett Waddingham has been the UK representative of EURACS for over 20 years.

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.