ONE OF THE UK’S largest pension providers, Partnership, has recruited David Richardson as its chief financial officer as part of a board reshuffle.
Richardson (pictured) was previously group chief actuary at closed life fund consolidator Phoenix Group. At Partnership, he will be responsible for the firm’s finance, actuarial and investment management, Accountancy Age’s sister publication Professional Pensions reports.
The incumbent finance officer Mark Dearsley will become managing director of Partnership’s new international division, while commercial director Kathryn Purves has been appointed as chief risk officer.
Chief executive Steve Groves said: “We are delighted to announce the arrival of David Richardson on our board as chief financial officer.
“David has valuable and very relevant experience within the industry and will be a great addition as Partnership continues its expansion.
“David’s arrival has allowed other board members to widen their responsibilities, and I fully expect Mark Dearsley and Kathryn Purves to continue to flourish in their new roles.”
Average earnings among qualified members reached £64,011 in 2016 (an increase of 1.9%), £36,411 more than the current average UK wage
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