EY hires Paul Kitson to lead pensions advisory team

10 April 2023 Consultancy.uk 2 min. read
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Big Four firm EY has installed Paul Kitson as a new Partner to lead its UK pensions consulting business. Kitson brings more than two decades of experience to the role, having spent time with some of the world’s largest wealth advisory brands.

Paul Sparkes, UK Financial Services Consulting Leader at EY, commented, “I am delighted Paul has joined to lead our UK pensions consulting business. EY advises some of the largest UK pension funds, and in such challenging economic times, Paul’s deep sector knowledge, experience and vision for growth will be invaluable.”

EY is one of the four largest professional services firms in the world. In its UK wing, its pension audit and assurance teams are based around the country, advising and supporting trustees and their pension schemes. The business focuses on serving trustees, helping them navigate the complexities that they and their pension schemes face.

EY hires Paul Kitson to lead pensions advisory team

At EY, Kitson heads up the firm’s UK pensions consulting business. He will head up a team of over 50 actuaries, scheme excellence specialists and investment consultants advising pension funds, corporate sponsors and pension providers across Britain.

Kitson joins after a decade at rival firm PwC, where he was a UK Partner advising some of the national market’s largest corporates and pension funds, amid the most challenging economic period of the last ten years. Prior to PwC, Paul was a Managing Director at Nomura, having started his career at actuarial advisors, at pensions advisory giants WTWand Aon Hewitt.

Paul Kitson, UK Pensions Consulting Leader at EY, added, “I am delighted to join EY as it invests in its dynamic pensions practice. Our growing team will support UK businesses as they recover post-pandemic and deal with both the challenges and opportunities that higher interest rates bring. I look forward to driving solutions that add value to pension funds, members and their corporate sponsors by supporting defined benefit schemes achieve suitable endgame destinations and encouraging growth in defined contribution funds.”