Praemium sets up int’l pension unit headed by Mark Sanderson

Added 15th November 2016

Former Brooklands Pensions chief operating officer Mark Sanderson is to spearhead the development of Praemium’s retirement business in the Middle East and other key expat markets.

Praemium sets up int’l pension unit headed by Mark Sanderson

As Praemium’s director of pensions in a newly created role, Sanderson will be based in Dubai with responsibility for its Middle East operations as well as its UK and international pensions and packaged retirement strategies.

He will work closely with Rebecca Murphy, director of sales and marketing, to develop Praemium’s offshore presence, the company said, having already helped to develop its overarching strategy for the retirement business with chief executive Michael Ohanessian.

Sanderson has spent over 10 years of his career in the UK and international pensions space, including a six-year stint at Brooklands Pensions (since rebranded as IVCM) from 2010, a senior pension technician role with consulting actuaries Barnett Waddingham and pension administration positions at Aon Consulting.

Michael Ohanessian said Sanderson was joining Praemium at an exciting time as it started to build this “new strategic area” of its business.   

“He has a wealth of experience in managing pension businesses and developing innovative retirement solutions that support the growth of adviser businesses and deliver the right investment outcomes for investors”.

Sanderson said: "Praemium has a clear strategy to deliver these services to clients across a variety of different distribution channels and markets. The development of the proposition will be adviser led and we will work closely our strategic partners to deliver creative solutions that meet the needs of their clients.”

In September, Praemium bought UK Sipp provider Wensley Mackay as part of its international plans to tap into the opportunities created by the UK’s radical pension freedom reforms.



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About Author

Mark Battersby

Editor, International Adviser

International Adviser

Mark Battersby is editor of International Adviser. He is also programme director for International Adviser events in strategic expat locations around the world, and its flagship FundLinks conference in London. Mark joined Last Word Media in February 2012, having previously worked at Citywire, Interactive Investor International, and FT Business.


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