TPT Retirement Solutions, one of the leading workplace pension funds in the UK, has appointed Cliff Speed as Chief Investment Officer (CIO). This move enhances TPT Retirement Solutions investment capability and positions TPT to continue to grow its £9 billion asset base.
Cliff Speed will be responsible for driving the Investment Strategy and leading the Investment Team. Cliff will report to TPT’s Chief Executive, Mike Ramsey. Cliff is a qualified actuary and brings over 20 years’ experience to TPT, having worked with many multi-billion pound pension schemes to improve risk-management and investment outcomes.
Cliff joins from BlackRock, where he acted as an outsourced CIO for a number of significant pension funds and provided investment solutions to a range of institutional clients. Previously he was a senior actuary at Bank of America Merrill Lynch; CIO of the pension fund insurer Paternoster and has also worked as an investment consultant.
Commenting on Cliff’s appointment, Mike Ramsey, Chief Executive of TPT Retirement Solutions said: “We are delighted with Cliff’s appointment to lead TPT’s Investment Team. TPT is one of the largest occupational pension schemes in the UK with more than £9 billion assets under management. Our Investment Team delivers excellent results and in recent years has given medium and smaller sized schemes access to asset classes that would ordinarily only be available to £1 billion plus schemes.
Cliff’s investment and actuarial experience will be invaluable as TPT looks to take on new DB schemes.”
For further information, please contact:
Vanessa Chance / Sally Walton at Redleaf Communications
Tel: 0207 382 4747