Standard Life bolsters Defined Benefits Solutions team with senior hire

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• Alexa Mitterhuber joins as Director of Defined Benefit Solutions

Standard Life, part of Phoenix Group, today announces the appointment of Alexa Mitterhuber who joins the Defined Benefit Solutions team as Director of Defined Benefit Solutions.

Alexa brings over 11 years’ of industry experience, having joined from M&G where she specialised in corporate risk solutions following M&G’s re-entry into the BPA market. Prior to this, she held various roles at Legal & General and Mercer, working across pensions insurance, pensions, and investment consulting.  

This appointment reinforces Standard Life’s commitment to providing industry-leading de-risking solutions to pension schemes and trustees. It also follows a successful first half of 2024, where the business wrote £1.7bn worth of bulk purchase annuity premiums, and more recently announced the completion of £250m of buy-ins with the Halma Group Pension Plan. With a strong pipeline of BPA opportunities, this continued growth provides even greater depth of expertise available within the team, and ensures it is well-positioned to continue meeting ongoing demand for DB de-risking solutions.  

Kunal Sood, Managing Director of Defined Benefit Solutions at Standard Life, part of Phoenix Group, commented: “Alexa’s appointment, alongside other appointments and promotions we have announced over the last few years, underlines our commitment to the DB de-risking market, ensuring we have the very best talent the industry has to offer. The outlook for the market remains very strong, and the continued growth of our team ensures we are well positioned to continue meeting ongoing appetite from schemes and trustees looking for solutions for their pension liabilities. We are delighted to have Alexa on board as we continue to meet this ongoing market demand, and I look forward to working with her.”

Media enquiries

For further information, photos, video content or interviews, contact:

Jennifer Smallwood / Samantha Griffith

Senior PR Manager / PR Manager

Standard Life, part of Phoenix Group

07581 062 180 / 07752 465345

Jennifer_Smallwood@standardlife.com / samantha_griffith@thephoenixgroup.com

About Standard Life

• Standard Life is a brand that has been trusted to look after peoples’ life savings for nearly 200 years  
• Today it proudly serves millions of customers who come to Standard Life directly, through advisers and through their employers’ pension scheme. 
• Standard Life is part of Phoenix Group, the largest long-term savings and retirement business in the UK. We’re proud to be building on nearly 200 years of Standard Life heritage together 
• Our products include a variety of Pensions, Bonds and Retirement options to suit people’s needs, helping our customers to invest and save for their future.  
• We support our customers on their journey to and through retirement with comprehensive, easy-to-understand guidance so they can invest in the right way for their needs, and plan a future they feel confident about.