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Pavan Bhardwaj

Trustee Director | Head of Investment & Funding

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  • Overview
  • Expertise
  • Experience

Pavan is a senior trustee director and the investment and funding lead at IGG.

He draws upon a broad skill set having previously worked in investment banking where he managed a derivatives portfolio and implemented hedging strategies for a wide range of institutional clients including pension funds.

Pavan sits as a trustee on a range of boards, including one of the largest groups of DB and DC plans in the country. He also represents the firm on a number of corporate sole trusteeships and is the IGG lead in the United States.

He works closely with fellow trustees, employers and other advisers across a range of funding and investment issues, with a particular focus on working with large defined benefit schemes with complex investment arrangements.

Pavan has been involved in some of the firm’s most complex liability management and restructuring work. He has led projects both as committee Chair and as professional corporate sole trustee, many involving frequent dialogue with the Pensions Regulator. His investment background means that he is well-positioned to provide a robust analysis of a scheme’s investment strategy and he draws on his experience to help bring innovative solutions.

Pavan is part of the IGG senior team. He is responsible for developing much of the firm’s thought leadership on topical investment issues and is a regular contributor to pensions press. He is a fully accredited professional pensions trustee with the Association of Professional Pension Trustees.

  • Advisor review
  • Corporate Events e.g. Insolvency & Restructuring
  • Covenant Review
  • Experience of putting in place an Asset Backed arrangement (e.g. reservoir trust, Asset Backed Contribution, Escrow)
  • Investment Strategy Review
  • Liability management exercises, e.g. PIEs, WULS, Trivial Lump Sum exercises
  • Sole Trustee
  • Supporting clients on GMP projects
  • Investment Strategy Review – Moving to buy-out aligned strategies, LDI portfolio, cash flow matching strategies
  • Covered ETVs, TrivComms, PIEs, WULS, Trivial Lump Sum exercises
  • Completed full pensioner GMP equalisation on 2 schemes, now looking at deferred equalisation and conversion on 2 schemes
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ADDRESS

4th Floor Cannon Place
78 Cannon Street
London
EC4N 6HL

CONTACT

T: +44 (0)20 4599 7299
E: info@weareigg.com

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Independent Governance Group ("IGG") is the trading name of Ross Trustees Services Limited (07904277), Independent Trustee Services Limited (02567540), Independent Trustee Limited (02473669), Clarity Trustees Limited (12470917), Leadenhall Independent Trustees Limited (02303944) all registered in England and Wales. Registered office address: 4th Floor Cannon Place, 78 Cannon Street, London EC4N 6HL. IC Select Limited (SC331180). Registered office address: DWF LLP, 103 Waterloo Street, Glasgow G2 7BW.

© 2025 Hamsard 3776 Limited, Ross Trustees Services Limited & Independent Trustee Services Limited. All Rights Reserved.

We are audited annually as set out in the Relevant Trustee Supplement to ICAEW AAF 02/07 to support our inclusion in the TPR’s Independent Trustee Register.

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