graduate opportunities and summer internships 2014

Private & Confidential Redington - St.Annes College Oxford May 2014

Please get in touch:

[email protected]

[email protected]

[email protected]

Getting to know you and

working with Redington- Graduate opportunities

- And Summer Internships

Private & Confidential Redington - St.Annes College Oxford May 2014 2

Number of Clients 55, including 11 of the UK’s 30 largest pension

funds

Assets under

Consultingc. £310 billion

Appointment Type Full Advisory, Project Basis, Implementation

Firm

Independent, wholly employee owned

Exclusively focused on investment consulting and risk

management

Over 334 years of actuarial, capital markets and

asset management experience

Examples of Current Clients Acknowledged Excellence

2013 Award Wins

Investment Consultant of the

Year (2013)

What Our Clients Say

Pension Consultant of the

Year (2012, 2013)

Investment Consultant of the

Year (2013)

Risk Management Firm of

the Year

(2011,2012,2013)

Global Investor/ISF AwardsEuropean Pensions Awards FT Pension and Investment Provider

Awards

“When we were looking for a new advisor, we were looking for new thinking, challenge and a

disciplined risk management approach. The Pension Risk Management Framework has put us

in control of the investment risk in our scheme. I have no doubts about hiring Redington”

Penny Green

Chief Executive & Managing Director, SAUL Trustee Company

Redington Overview

https://intranet.redington.co.uk/Rednet/philipspensionfund/PublishingImages/philips logo.jpg

https://intranet.redington.co.uk/Rednet/philipspensionfund/PublishingImages/philips logo.jpg

Private & Confidential Redington - St.Annes College Oxford May 2014 3

The Evolution of our Business

Client sizeTrustee –

Full Advisor

Trustee –

ProjectSponsor

Non-

PensionTotal

> £10Bn 1 4 3 3 11

£5Bn - £10Bn 0 6 1 1 8

£1Bn - £5Bn 10 5 5 2 22

£500m - £1Bn 0 2 1 2 5

< £500m 4 1 1 3 9

Total 15 18 11 11 55

Assets Under Consulting (GBP billions)

Number of Clients Client Breakdown by Type and Size

• Key business achievements since 2006:

o Expanded from 1 to 55 clients

o Full investment advisor to 15 pension schemes

• Redington’s main focus is on advising UK defined benefit pension

schemes, as adviser to either the trustee or sponsor

• Currently this encompasses 11 of the 30 largest schemes in the UK.

1

711

17

31

37

44

54 55

0

10

20

30

40

50

60

21

55

98 100

185

225250

300 310

0

50

100

150

200

250

300

350

GB

P b

illio

ns


The Structure of our Business

4

Redington Simplified Organisation Chart

Our Firm Benefit to Clients

Built for purposeConcentrate on areas of highest potential

value to our clients

Focus on

investment

consulting to UK

pension schemes

Resources are primarily directed to the

people and technology that enhance our

consulting services

No distracting ancillary or legacy business

lines

Independent,

employee owned

Ability to attract and retain the high quality

talent that will provide client services

Our business structure enables us to provide investment consulting services to our clients in a cost-effective manner


RedSTART

5

“A financial literacy and

entrepreneurship

education programme.”


PREPARATION, TRAINING, COMMITMENT.

WHAT COUNTS IN ROWING COUNTS IN L IFE.


LONG TERMISM - ROWERS UNDERSTAND THAT

NOTHING COMES OVERNIGHT. PATIENCE IS NOT

JUST A V IRTUE, IT ’S NECESSARY FOR SUCCESS.


THE ETERNAL CHOICE: THE PAIN OF

DISCIPLINE VERSUS THE PAIN OF REGRET.

AS IN ROWING, SO IN BUSINESS AND IN L IFE


CONTINUOUS IMPROVEMENT, MARGINAL GAINS.

SUCCESS DOESNT COME IMMEDIATELY,

BUT GRADUALLY.


ARMED WITH THESE TRAITS, WHAT ROWERS

CAN FAIL IN BUSINESS? WHAT BUSINESS CAN

FAIL WHEN THEY EMPLOY THEM.


13-15 Mallow Street London EC1Y 8RD

Telephone : +44 (0) 20 7250 3331

www.redington.co.ukContacts & Disclaimer

19

Ivan Soto-WrightAnalyst – Investment Consulting

Tel: 020 3326 7157

Email [email protected]

Disclaimer

For professional investors only. Not suitable for privatecustomers.

The information herein was obtained from various sources.We do not guarantee every aspect of its accuracy. Theinformation is for your private information and is fordiscussion purposes only. A variety of market factors andassumptions may affect this analysis, and this analysis doesnot reflect all possible loss scenarios. There is no certaintythat the parameters and assumptions used in this analysiscan be duplicated with actual trades. Any historical exchangerates, interest rates or other reference rates or prices whichappear above are not necessarily indicative of futureexchange rates, interest rates, or other reference rates or

prices. Neither the information, recommendations oropinions expressed herein constitutes an offer to buy or sellany securities, futures, options, or investment products onyour behalf. Unless otherwise stated, any pricing informationin this message is indicative only, is subject to change and isnot an offer to transact. Where relevant, the price quoted isexclusive of tax and delivery costs. Any reference to theterms of executed transactions should be treated aspreliminary and subject to further due diligence .

Please note, the accurate calculation of the liability profileused as the basis for implementing any capital marketstransactions is the sole responsibility of the Trustees'actuarial advisors. Redington Ltd will estimate the liabilities if

required but will not be held responsible for any loss ordamage howsoever sustained as a result of inaccuracies inthat estimation. Additionally, the client recognizes thatRedington Ltd does not owe any party a duty of care in thisrespect.

Redington Ltd are investment consultants regulated by theFinancial Services Authority. We do not advise on allimplications of the transactions described herein. Thisinformation is for discussion purposes and prior toundertaking any trade, you should also discuss with yourprofessional tax, accounting and / or other relevant advisershow such particular trade(s) affect you. All analysis (whetherin respect of tax, accounting, law or of any other nature),

should be treated as illustrative only and not relied upon asaccurate.

©Redington Limited 2013. All rights reserved. Noreproduction, copy, transmission or translation in whole orin part of this presentation may be made withoutpermission. Application for permission should be made toRedington Limited at the address below.

Redington Limited (6660006) is registered in England andWales. Registered office: Austin Friars House, 2 – 6 AustinFriars, London, EC2N 2HD

Freddie EwerAnalyst - Investment Consulting

Tel: 020 3326 7133

Email: [email protected]

2 - 6 Austin Friars, EC2N 2HD

graduate opportunities and summer internships 2014

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