M&G Appoints Rosie Fantom to Lead Corporate Pensions Origination

M&G has appointed Rosie Fantom as the new Head of Origination and Execution for its Corporate Pensions Solutions (CPS) division [3]. In this role, Fantom will lead a team of approximately 10 people tasked with identifying new business opportunities, developing client propositions, and managing the structuring and execution of pension risk transfer transactions [3].

Key takeaways

• Rosie Fantom joins M&G with over 17 years of experience in the pension risk transfer market, having previously served as Head of Bulk Annuities at Barnett Waddingham [3].
• The CPS team under Fantom will focus on expanding M&G’s capabilities to originate and execute more transactions for pension schemes [3].
• M&G plans to launch the industry’s first "With-Profits" bulk purchase annuity (BPA) in 2026, following its 2024 introduction of a "value share" BPA [3].
• M&G recently completed a £180 million bulk purchase annuity buy-in for the Senior plc Pension Plan in 2025 [2].

Background and leadership transition

Fantom is a qualified actuary whose professional background includes significant experience in the bulk annuity sector [3]. During her time at Barnett Waddingham, she oversaw a team of more than 30 people and advised on 80 completed transactions, including deals for the £2 billion Old British Steel Pension Scheme and £850 million for the Arcadia pension schemes [3]. Before that, she worked at Scottish Widows, where she was involved in writing approximately £4 billion of bulk annuity transactions [3].

Kerrigan Procter, Managing Director of Corporate Pensions Solutions at M&G, stated that Fantom’s strategic insight and understanding of the insurance landscape will be essential as the firm grows its corporate pensions business [3]. Fantom expressed that she is joining the firm at a "pivotal time," noting that there is strong demand for de-risking solutions as the company looks toward 2026 [3].

Growth in the pension risk transfer market

M&G has established itself as a participant in the bulk purchase annuity market, utilizing its subsidiary, The Prudential Assurance Company Limited, to provide life and pension solutions [2]. In 2025, the firm delivered £1.5 billion in new business volumes across 11 transactions [2]. These efforts are part of a broader strategy to differentiate its product suite through innovation and support long-term growth in the pension risk transfer sector [2].

Why it matters

The appointment of Fantom signals M&G’s continued focus on the competitive pension risk transfer market, where demand for de-risking solutions remains high among pension schemes and sponsors [2, 3]. By bringing in an experienced actuary to lead origination and execution, M&G aims to strengthen its ability to deliver complex, tailored solutions—such as the recent £180 million buy-in for Senior plc—while preparing for future product launches [2, 3]. As the market evolves, the firm’s ability to provide member experience and administration remains a central component of its client proposition [2].