RPMI Railpen (Railpen), which manages £30 billion of assets on behalf of the railway pension schemes, has appointed Martin Hunter as a Pensions Policy Actuary. Martin will report to Warwick Mason, Pensions Policy Director.

Martin joins Railpen from XPS Pensions Group, the listed pensions consultancy, where he has worked for the past 16 years after graduating from Oxford University. He qualified as an actuary in 2008. Martin has focused on corporate and transaction advisory work involving defined benefit pension schemes and, as a Partner at XPS, built up a client base that included some 25 employers with sections in the Railways Pension Scheme (RPS).

Martin will be responsible for ensuring the Trustee Board and its Committees can agree with employers’ integrated funding solutions. He will also support the strategic development of the Fiduciary team, led by Mads Gosvig, Chief Fiduciary Officer.

Mads Gosvig said: “Martin is widely respected in his field and is a great addition to the team. He brings a wealth of highly relevant experience in railway pension schemes, particularly from an employer’s perspective, which will allow him to hit the ground running. We’re very pleased that Martin is joining our team.”

Martin Hunter said: “I am delighted to be joining Railpen. Over the years I have gained some understanding of the RPS and its unique characteristics, and the market-leading integrated funding strategy the Trustee has developed to achieve its objective of paying members’ pensions securely, affordably and sustainably. I admire Railpen’s and the Trustee’s commitment to the continuing provision of defined benefit pensions and I am looking forward to working with them to further evolve their funding strategy, in the face of challenging economic conditions and changes to the regulatory environment, to ensure that defined benefit pensions continue to provide the best possible outcome for the members of the railway pension schemes.