XPS’s Fiduciary Management Oversight team wins its 100th client

XPS’s Fiduciary Management Oversight team wins its 100th client

02 Apr 2025

XPS’s award-winning Fiduciary Management (FM) Oversight team has successfully onboarded two Holcim pension schemes, marking its 100th FM Oversight mandate. The Holcim pension schemes, with assets totalling over £2bn, appointed XPS after a rigorous selection process managed by Law Debenture and Muse Advisory.

XPS FM Oversight clients range from schemes with £5m to £5bn in assets with combined assets of over £20bn. More than 50 appointments are for ongoing oversight, while 11 mandates, covering over £12bn in assets, are for ongoing strategic advice. Since its launch in 2018, the XPS Fiduciary Management Oversight team has expanded from five staff in London and Leeds to over 20 professionals based across the UK, making it one of the largest teams in the industry.

André Kerr, XPS Group, Head of Fiduciary Management Oversight added: “I am immensely proud of what the team has achieved, the awards we have won and the reputation we have built. Reaching our 100^th client is a tremendous milestone for the team reflecting our ability to add real value to investment arrangements of all sizes. A personal highlight was being first-to-market with a pragmatic solution to help clients with the CMA review, delivering millions in cost savings through fee reviews, and providing robust challenge to Fiduciary Managers during the gilts crisis. Throughout, we have maintained constructive and collaborative relationships with all fiduciary managers, ensuring we stay true to our philosophy of helping our clients achieve better outcomes for their members."

---

XPS Live Webinar

Fiduciary Managers: How well placed are they to meet the challenges of tomorrow?

Wednesday | 28 April | 3pm - 4pm

Register now