PwC appoints new head of pensions

PwC has announced the appointment of Gareth Henty as the firm’s new head of pensions. 

The move comes as PwC’s pensions practice has been through a period of “growth and evolution”, building on longstanding strength and depth as strategic corporate advisors, to providing whole of market solutions for trustees, scheme sponsors, insurers and administration teams.

Henty has been with PwC for 18 years and became a partner in 2016. Throughout his career he has advised trustees and scheme sponsors across the full range of pension issues, including all aspects of pensions strategy, funding and de-risking, scheme governance and data solutions, and advisor and fiduciary management procurement.

He has also acted as a pension scheme trustee for a number of years, bringing first hand experience of how schemes make decisions through changing regulations and challenging markets.

Together with his appointment, PwC has named Mark Jennings as head of the pensions employer covenant and restructuring team, having previously led the firm’s regional covenant practice.

PwC UK’s pension business is a national team of more than 300 consultants, actuaries and specialists spanning investment, risk transactions, data and more.

Jennings takes over the largest specialised employer covenant team in the UK, with over 50 people based across eight offices.

Regarding his appointment, Henty said: “I’m delighted to be taking over the leadership of our practice at an important time for the pensions industry, with the new government already outlining its commitment to ensuring pensions work effectively for scheme members.

“Our objectivity and ability to draw on the skills, breadth and technology from the wider firm makes us really well placed and agile for the challenge and opportunity ahead for the industry.”