Getting to know you and working with Redington - details of graduate opportunities and summer internships in 2014.

1. Private & Confidential Redington - St.Annes College Oxford May 2014
Please get in touch:
freddie.ewer@redington.co.uk
ivan.soto-wright@redington.co.uk
HR@redington.co.uk
Getting to know you and
working with Redington
- Graduate opportunities
- And Summer Internships

2. Private & Confidential Redington - St.Annes College Oxford May 2014 2
Number of Clients
55, including 11 of the UK’s 30 largest pension
funds
Assets under
Consulting
c. £310 billion
Appointment Type Full Advisory, Project Basis, Implementation
Firm
Independent, wholly employee owned
Exclusively focused on investment consulting and risk
management
Over 334 years of actuarial, capital markets and
asset management experience
Examples of Current Clients Acknowledged Excellence
2013 Award Wins
Investment Consultant of the
Year (2013)
What Our Clients Say
Pension Consultant of the
Year (2012, 2013)
Investment Consultant of the
Year (2013)
Risk Management Firm of
the Year
(2011,2012,2013)
Global Investor/ISF AwardsEuropean Pensions Awards FT Pension and Investment Provider
Awards
“When we were looking for a new advisor, we were looking for new thinking, challenge and a
disciplined risk management approach. The Pension Risk Management Framework has put us
in control of the investment risk in our scheme. I have no doubts about hiring Redington”
Penny Green
Chief Executive & Managing Director, SAUL Trustee Company
Redington Overview

3. Private & Confidential Redington - St.Annes College Oxford May 2014 3
The Evolution of our Business
Client size
Trustee –
Full Advisor
Trustee –
Project
Sponsor
Non-
Pension
Total
> £10Bn 1 4 3 3 11
£5Bn - £10Bn 0 6 1 1 8
£1Bn - £5Bn 10 5 5 2 22
£500m - £1Bn 0 2 1 2 5
< £500m 4 1 1 3 9
Total 15 18 11 11 55
Assets Under Consulting (GBP billions)
Number of Clients Client Breakdown by Type and Size
• Key business achievements since 2006:
o Expanded from 1 to 55 clients
o Full investment advisor to 15 pension schemes
• Redington’s main focus is on advising UK defined benefit pension
schemes, as adviser to either the trustee or sponsor
• Currently this encompasses 11 of the 30 largest schemes in the UK.
1
7
11
17
31
37
44
54 55
0
10
20
30
40
50
60
21
55
98 100
185
225
250
300 310
0
50
100
150
200
250
300
350
GBPbillions

4. Private & Confidential Redington - St.Annes College Oxford May 2014
The Structure of our Business
4
Redington Simplified Organisation Chart
Our Firm Benefit to Clients
Built for purpose
Concentrate on areas of highest potential
value to our clients
Focus on
investment
consulting to UK
pension schemes
Resources are primarily directed to the
people and technology that enhance our
consulting services
No distracting ancillary or legacy business
lines
Independent,
employee owned
Ability to attract and retain the high quality
talent that will provide client services
Our business structure enables us to provide investment consulting services to our clients in a cost-effective manner

5. Private & Confidential Redington - St.Annes College Oxford May 2014
RedSTART
5
“A financial literacy and
entrepreneurship
education programme.”

6. Private & Confidential Redington - St.Annes College Oxford May 2014
PREPARATION, TRAINING, COMMITMENT.
WHAT COUNTS IN ROWING COUNTS IN LIFE.

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9. Private & Confidential Redington - St.Annes College Oxford May 2014
LONG TERMISM - ROWERS UNDERSTAND THAT
NOTHING COMES OVERNIGHT. PATIENCE IS NOT
JUST A VIRTUE, IT’S NECESSARY FOR SUCCESS.

10. Private & Confidential Redington - St.Annes College Oxford May 2014

11. Private & Confidential Redington - St.Annes College Oxford May 2014
THE ETERNAL CHOICE: THE PAIN OF
DISCIPLINE VERSUS THE PAIN OF REGRET.
AS IN ROWING, SO IN BUSINESS AND IN LIFE

12. Private & Confidential Redington - St.Annes College Oxford May 2014

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14. Private & Confidential Redington - St.Annes College Oxford May 2014
CONTINUOUS IMPROVEMENT, MARGINAL GAINS.
SUCCESS DOESNT COME IMMEDIATELY,
BUT GRADUALLY.

15. Private & Confidential Redington - St.Annes College Oxford May 2014

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18. Private & Confidential Redington - St.Annes College Oxford May 2014
ARMED WITH THESE TRAITS, WHAT ROWERS
CAN FAIL IN BUSINESS? WHAT BUSINESS CAN
FAIL WHEN THEY EMPLOY THEM.

19. Private & Confidential Redington - St.Annes College Oxford May 2014
13-15 Mallow Street London EC1Y 8RD
Telephone : +44 (0) 20 7250 3331
www.redington.co.ukContacts & Disclaimer
19
Ivan Soto-Wright
Analyst – Investment Consulting
Tel: 020 3326 7157
Email ivan.soto-wright@redington.co.uk
Disclaimer
For professional investors only. Not suitable for private
customers.
The information herein was obtained from various sources.
We do not guarantee every aspect of its accuracy. The
information is for your private information and is for
discussion purposes only. A variety of market factors and
assumptions may affect this analysis, and this analysis does
not reflect all possible loss scenarios. There is no certainty
that the parameters and assumptions used in this analysis
can be duplicated with actual trades. Any historical exchange
rates, interest rates or other reference rates or prices which
appear above are not necessarily indicative of future
exchange rates, interest rates, or other reference rates or
prices. Neither the information, recommendations or
opinions expressed herein constitutes an offer to buy or sell
any securities, futures, options, or investment products on
your behalf. Unless otherwise stated, any pricing information
in this message is indicative only, is subject to change and is
not an offer to transact. Where relevant, the price quoted is
exclusive of tax and delivery costs. Any reference to the
terms of executed transactions should be treated as
preliminary and subject to further due diligence .
Please note, the accurate calculation of the liability profile
used as the basis for implementing any capital markets
transactions is the sole responsibility of the Trustees'
actuarial advisors. Redington Ltd will estimate the liabilities if
required but will not be held responsible for any loss or
damage howsoever sustained as a result of inaccuracies in
that estimation. Additionally, the client recognizes that
Redington Ltd does not owe any party a duty of care in this
respect.
Redington Ltd are investment consultants regulated by the
Financial Services Authority. We do not advise on all
implications of the transactions described herein. This
information is for discussion purposes and prior to
undertaking any trade, you should also discuss with your
professional tax, accounting and / or other relevant advisers
how such particular trade(s) affect you. All analysis (whether
in respect of tax, accounting, law or of any other nature),
should be treated as illustrative only and not relied upon as
accurate.
©Redington Limited 2013. All rights reserved. No
reproduction, copy, transmission or translation in whole or
in part of this presentation may be made without
permission. Application for permission should be made to
Redington Limited at the address below.
Redington Limited (6660006) is registered in England and
Wales. Registered office: Austin Friars House, 2 – 6 Austin
Friars, London, EC2N 2HD
Freddie Ewer
Analyst - Investment Consulting
Tel: 020 3326 7133
Email: freddie.ewer@redington.co.uk
2 - 6 Austin Friars, EC2N 2HD