Marvin OnumonuTPT Retirement Solutions (TPT) appointed the board of trustees for its new multi-employer collective defined contribution (CDC) scheme.
The board is all-female and chaired by Kim Nash, professional trustee and managing director of ZEDRA Governance.
Nash has worked as a professional trustee for 13 years and managing director for the last three.
She acts as an independent trustee for defined benefit (DB), DC and hybrid schemes.
Nash has also chaired several DC master trust boards and supported them through the authorisation process.
Venetia Trayhurn, independent trustee and partner at Falcon Trustees, joins Nash on the board.
Trayhurn has spent the last nine years as a professional trustee and founded Falcon Trustees earlier this year.
She has a legal background, specialising in pensions law and dispute resolution, and previously worked in private practice, as inhouse counsel and at the Financial Ombudsman.
Trayhurn is an accredited independent professional trustee with experience in DB, CDC and DC schemes, including as an independent governance committee member.
Alison Hatcher, professional trustee and head of trusteeship at Vidett, also joined the board.
Hatcher has over 20 years’ experience in financial services and holds positions as trustee for DB and DC schemes, as well as on a housing association and the Council of Warwick University.
For more than 13 years, Hatcher worked at HSBC and was CEO of HSBC Retirement Services Limited.
She developed and implemented their digital wealth platform strategy and took their master trust through authorisation.
The CDC trustee board will meet at TPT’s Leeds head office on 3rd to 4th November 2025.
TPT declared plans to enter the multi-employer CDC pensions market in May 2025 and remains the only provider to announce such a move.
The scheme is being designed with plans to apply for authorisation in 2026.
The CDC scheme will add to TPT’s range of pension scheme options.
Nash said: “I’m thrilled to join the board of the UK’s first multi-employer CDC scheme, working with fellow boards members and TPT to complete authorisation and helping to pioneer a new model for secure, sustainable pensions.
“This is an important step forward for members and for the future of retirement provision in the UK.”
David Lane, CEO at TPT Retirement Solutions, said: “We’re delighted to welcome our three new trustees to the board of the UK’s first multi-employer CDC scheme.
“Their experience and insight will be invaluable as we build a robust, innovative model for collective pensions.
“Together, we’re shaping a new era of retirement security, providing a full suite of options to cater for all types of schemes.”
