Alan Baker
Trustee Director
I am an expert in identifying suitable endgame solutions and delivering these. As a professional trustee, I have been involved in 8 bulk annuity transactions, including (as Chair) the £4.8 billion buy-in of the Boots pension scheme covering all 53,000 members, making it the largest single transaction of its kind. I have also worked on two other £1bn+ transactions.
In addition to insurance solutions, I have also been involved with a number of schemes considering plans to run on rather than immediate buy-out.
As well as this de-risking expertise I have extensive experience of investment strategy and risk management. I bring this insight to the eight pension scheme appointments on which I currently represent LawDeb. These have scheme assets ranging from £50m to £multi-billion. Of these eight appointments, I am Chair of Trustees for four and works as a Co-Trustee for the remaining four.
I joined LawDeb in May 2019 from Mercer where he was Head of DB Solutions Development and Chair of the DB Policy Group. I had been a Partner at Mercer since 2011 and was responsible for launching a number of new business lines including Mercer Dynamic De-risking Solution (in the fiduciary management space), Mercer Workplace Savings (for DC) and Mercer Smart DB (as a longevity hedging solution).
I am an Accredited Member of the Association of Professional Pension Trustees and was a member of the sub-committee that developed the code of practice for professional sole corporate trustees.