KPMG pension division reshuffles to boost revenues

KPMG's pension team has recruited a new head to help boost the division's revenues by £100m over the next few years.

Andrew Cawley takes up the top job in early July having been head of the firm's northern pension practice for 15 years.

Cawleys said the pension team experienced a 10% year on year growth over the last five years and hoped to increase this significantly.

However, he said the division had challenges ahead of them.

“Whether in the private or public sector, these are challenging times for any organisation operating pension schemes.

“In the public sector, we are likely to see significant changes over the next few years focussing on the affordability of pension schemes. Many organisations will need the mix of skills that KPMG provides, coupled with our deep understanding of the sector itself," he said.

Cawley succeeds Alastair McLeish who moves onto the role of head of tax and pensions in the UK. Richard Hennesssy, who joined the firm in 2005 as a consultant in the pensions practice, takes over from Cawley.

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