New head for Salvus master trust

Pension changesGoddard Perry has named Graham Peacock as the head of the Salvus master trust which recently merged with Goddard Perry’s other master trust, Spinnaker to create a £40m trust.

The master trust saw its 1000th company register on the scheme this week.

Peacock joins from Carey Group, where he was head of business development, developing the auto-enrolment proposition for business advisers and accountants. He was also formerly at Close Brothers, Friends Provident and Zurich.

Goddard Perry MD Steve Goddard says: “2016 is a big year for auto-enrolment with as many as 500,000 employers set to stage. As an established master trust, it will also be a big year for us – we have already seen a marked increase in enquiries from these smaller employers and professional partners, such as advisers and accountants. However, if we are to be able to service new and existing clients effectively, it is important that we have the right people on board.”

Peacock says: “As well as being a big year for master trusts, the auto-enrolment staging dates for this year make it a challenging year for business advisers as well, who will have to ensure they are guiding their clients to the most suitable pension solutions. It is therefore essential that their clients are confident they are in the right workplace pension scheme from the outset. Salvus’s critical mass and reputation, coupled with a strong default performance, range of investment options outside of default and soon to be confirmed master trust assurance framework accreditation, ensures much of the burden is removed from business advisers while providing a comprehensive and cost-effective service.”