Martin Gilbert, co-chief executive of Standard Life Aberdeen, is among high-profile advisers to Pension Super FundPension Super Fund, a company trying to pioneer a gigantic consolidating vehicle for traditional pension funds, has received equity backing from Sampo, the Scandinavian insurer that last week agreed the takeover of Hastings Group, the car insurer. PSF has also assembled a group of business advisers including Martin Gilbert, the former co-chief executive of Standard Life Aberdeen, as it seeks to build credibility with investors and clients before its first potential deals later this year. PSF is the brainchild of Edi Truell, the financier who ran Duke Street Capital in the 1990s, founded Pension Corporation and went on to advise Boris Johnson on pensions when he was the mayor of London. According to Luke Webster, PSF’s chief executive, Sampo has provided 10 per cent

Source: The Times August 09, 2020 23:26 UTC