Hymans Robertson, the leading pensions and risk consultancy has promoted Michael Ambery to lead its master trust research and manage the firm’s relationships with DC product providers.

With almost 20 years’ experience in the pensions industry, Michael joined Hymans Robertson in 2006, from KPMG’s Pensions team. Michael has an in-depth understanding of both the DC and DB markets and specialist expertise in pension scheme design and benefits management as well as managing and implementing change.

Commenting on his new appointment, Michael Ambery, Head of DC Provider Relations said:

“We have been closely monitoring the evolution and rapid rise to prominence of Master Trust pension schemes for more than a decade. I’m thrilled to lead our specialist team in this area at such a pivotal moment.”

“TPR has made it clear that it is recommending a move to Master Trust for many DC schemes and for any schemes still unsure, it really couldn’t be a better time to make the move. The ongoing authorisation process for master trusts has led to extremely competitive prices from, providers and this is likely to continue as more funds achieve authorisation over the next eighteen months. Schemes should act now to take advantage of this pricing for an opportunity to streamline their governance requirements and reduce their pension costs by more than a third.”

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