November 24, 2020

TMF Group announces senior hire as it takes another step in reshaping employee benefits market

TMF Group, a leading provider of international business administration services, has made a significant hire as it continues to redefine how and where businesses can set up employee benefits plans.

Mark Lindsay has been appointed as Global Solutions Director, Employee Benefits, taking a leading role in developing TMF Group’s growing proposition to deliver a jurisdictionally agnostic approach to employee incentives services globally.

His appointment comes as TMF Group was granted a licence to offer employee benefits services in Abu Dhabi, adding to the licencing agreements already in place in Switzerland, Hong Kong and Jersey. That list is likely to grow further with Malta expected to join its portfolio in the coming months.

“Service providers are often guilty of shoehorning solutions into their preferred jurisdiction driven by where they have people on the ground and the structures they have in place, even though that may not be what’s best for the client,” said Lindsay, who joins TMF Group after five years at Intertrust.

“Our wider multi-jurisdiction approach looks to address that, enabling corporates to find the right jurisdiction to suit their strategic objectives, rather than where their advisors might be based.

“We are looking to build on that momentum, with a range of flexible, efficient and cost-effective solutions that are readily portable from company to company and jurisdiction to jurisdiction,” he added. “It’s an exciting time to be joining TMF Group as we take the lead in shaking up how and where employee benefits are set up and managed around the world.”

The team at TMF Group has also said that technology will sit at the heart of its solutions to ensure greater efficiencies and that highly mobile workforces – from oil rig to charity workers – will have easy access to their pensions, share options and investment plans.

Bethell Codrington, TMF Group’s Global Head, Employee Benefits, said:

“Our jurisdiction-neutral approach, supported by the fact that we have local expertise on the ground in over 80 locations, means we can offer multinational companies not only a wider, deeper level of support but also offer greater choice and flexibility when it comes to employee benefits.”

For more information please visit www.tmf-group.com