BESTrustees is delighted to announce that Tim Allison has joined the firm as a professional trustee effective from 17 July.
Tim Allison is a highly experienced finance and risk management professional with a 30-year career in large UK corporates. He has worked with multiple defined benefit schemes on valuations and company contributions and more recently he has been a trustee and investment committee chair on the Smith & Nephew UK pension scheme.
Tim is an accountant and treasurer by training and his previous career included senior Treasury roles in large, quoted companies such as Smith & Nephew, Logica, Coats Viyella and United utilities. He brings extensive experience of major company transactions, such as acquisitions and related integrations, disposals, demerger, debt refinancing and equity as well as finance transformation projects, gained primarily in a corporate treasury environment.
“We are thrilled to have recruited someone with such a strong CV as Tim’s and that he has chosen to continue his pension trustee work with BESTrustees. This year continues to be a very exciting one for us and adding executives of Tim’s calibre will deliver the growth and quality of service we are planning to deliver to our clients.”
Ann Rigby, Chair, BESTrustees“I am looking forward to joining BESTrustees and pursuing my interest pension trustee work. There is clearly a lot of change in Pensions and a lot of new challenges too, so I know it is going to be an exciting time. I was looking for somewhere I could bring some of my experience and knowledge to bear for scheme members and I believe BESTrustees and their exceptional people is the place to do that.”
Tim Allison
Latest Insights
BESTrustees leads successful buy-in transaction for the Carr’s Group Pension Scheme
The Trustees of the Carr’s Group Pension Scheme, chaired by Rachel Tranter of BESTrustees, have completed a c.£44m buy-in transaction with Aviva to cover 216 pensioner and 56 deferred members of the Scheme. Mercer acted as lead transaction adviser using its streamlined broking process. “I am delighted to have guided the trustees through the transaction process to achieve a successful outcome which further increases the security of our members’ benefits. This transaction was very much a collaborative teamworking effort involving the trustees, the Company (Carr’s Group plc), the insurer and our professional advisers all carrying out important roles throughout the …
BESTrustees and LCP complete c.£50m full buy-in for the Low & Bonar Group Retirement Benefits Scheme
The Trustee of the Low & Bonar Group Retirement Benefits Scheme, chaired by Hugh Creasy of BESTrustees, and Just Group plc, have completed a c.£50m full buy-in of all remaining uninsured members of the Low & Bonar GRBS. This marked the final step on the Scheme’s derisking journey. LCP acted as lead transaction adviser using its streamlined buy-in and buy-out service. The Scheme already held two existing pensioner buy-in policies, the first of which was secured with JUST back in 2015. LCP used its streamlined buy-in and buy-out service and the previous pensioner buy-ins were also completed through this service, …
