Martin Collins works for 20-20 Trustees as a Trustee Director. His particular strengths are investment and funding strategy and financial risk management.
Martin has worked in pensions for 30 years as a scheme actuary, a derivative structurer, a chief investment officer and as the employer for a £40bn pension scheme. This experience gives Martin empathy and understanding of the issues an employer faces as well as the technical skills to be a first-class trustee.
In 20 years of consulting practice, Martin’s Scheme Actuary clients ranged in size from £10m to £50bn of assets. This broad range gave Martin the experience of successfully implementing solutions appropriate to the resources and governance budget of many different types of clients.
Martin played a key role in the recovery of Lloyds Banking Group joining them as a Treasury Director during the great financial crisis. Over six years as employer to the group pension schemes he saved the bank more than £20bn of capital by designing and leading the implementation of a de-risked investment strategy and innovative collateral led funding plan. This secured the position of scheme members and enabled the Group to restart shareholder dividend payments raising the share price to a level at which the government could recover its bailout money at a small profit. Whilst at Lloyds Martin also led the bank’s management of non-interest rate market risk and redesigned the governance structure for pensions both within the bank and the Trustee Board. He also led the in-house pensions investment team and served on the pension Trustees’ investment subcommittees.
Prior to the Lloyds role, Martin led an investment banking derivative structuring team at Santander designing one of the first longevity hedging contracts and leading the sale of the bank’s equity release mortgage business to the Prudential. Throughout his career, Martin has successfully led a number of complex transactions. The key to this success has been the vision to determine ambitious plans that are deliverable and the drive and people skills to turn this into reality,
Outside of work Martin likes spending time with his children and keeps bees.