PwC UK has announced it has bolstered its pensions offering through the promotion of Katie Lightstone, who has been promoted to partner in its pensions employer covenant and restructuring service.
Lightstone has led the firm’s covenant advice to pension scheme trustees and sponsoring employers for the last 12 years, which reportedly includes “some of the largest and most complex in the UK”.
In her new role, she leads PwC’s covenant proposition to non-associated, multi-employer schemes.
Meanwhile, Lauren Baba and Anthony Rushworth have also been promoted to director in PwC’s pensions employer covenant and restructuring service. In addition, Gavin Sharma and Roshni Patel have been appointed to directors in the pensions advisory practice.
Baba will lead the advice for sponsors in the financial services sector. She was previously involved in leading PwC’s covenant proposition in relation to Pension Consolidator transfers.
Rushworth joined the PwC Pension Employer Covenant and Restructuring team in 2011 and has since advised “some of the largest” defined benefit schemes in the UK.
In addition, Sharma has reportedly led “complex” strategic projects for some of the pensions advisory practice’s largest multinational and FTSE 250 corporate clients since joining PwC in 2013, partnering closely with key stakeholders at group level.
Finally, Patel leads the DC Pensions and Benefits consulting practice, responsible for the delivery of strategic and technical advice.
Jonathon Land, head of pensions and business restructuring services at PwC, said: “I’m absolutely delighted to announce the promotion of Katie as a partner and Lauren and Anthony as new directors.
“I have worked with Katie for over ten years, she has fantastic experience leading PwC’s advice to both pension scheme trustees and sponsoring employers. Both Lauren and Anthony will bring their breadth of experience and specialisms to their new director roles.”
He added: “These promotions come as we solidify our pension team to cater for growing demand from businesses as they emerge from the pandemic and assess their options for the future.”
Martin Hodgson, pensions advisory leader at PwC, said: “I’m delighted to congratulate Roshni and Gavin on becoming newly promoted directors. These promotions demonstrate the strength of our business and the great opportunities to help our clients in a wide range of areas and expertise.”