PwC appoints new director to lead North West pensions employer covenant team

9 July 2021

PwC UK has this week appointed Mike Holford as director to lead its North West covenant advisory scheme.

Mike joins PwC from EY’s Pensions Covenant Advisory team where he spent more than three years, including a six-month secondment to the Pensions Regulator (TPR). Prior to this, Mike spent 12 years at KPMG.

Mark Jennings, head of PwC’s regional covenant practice, said:

“It is great to have Mike on board. We have made significant investment into our regional team over the last 10 years, and Mike is an important part of that. He will bring real insight and experience which will benefit many of our clients. Mike’s focus will be to lead our covenant offering in the North West pensions and corporate market at a time when we are seeing increased regulation in the defined benefit pension space and an increasingly active transactions market which means there is more demand than ever from trustees and corporates in the region.”

Mike Holford, North West covenant advisory team leader, added:

“I am delighted to be leading PwC’s employer covenant offering in the North West and helping to deliver on our growth plans in the region. I look forward to bringing my recent experience of working with TPR, as well as years of experience providing employer covenant advice, to help both trustees and scheme sponsors tackle the changing economic and regulatory landscape.”

Source: PwC