Marvin OnumonuTPT Retirement Solutions (TPT) has named the board of independent trustees for its new defined benefit (DB) superfund.
Nadeem Ladha, partner and professional trustee at Aretas Trustees, will chair the board.
Rekha Owen, professional trustee at Law Debenture, Huw Evans, director at BESTrustees, and Kate Grant, trustee director at Capital Cranfield, will join him.
Ladha is an accredited professional trustee and qualified actuary, with over 20 years’ experience in pensions.
He co-founded Aretas Trustees and previously worked at Hymans Robertson, PwC, and 20-20 Trustees.
Owen is an accredited professional trustee and CFA Charterholder from Law Debenture, with more than 25 years’ investment experience.
She spent nearly 20 years at Mercer, most recently leading their alternative investments business in Canada.
Evans is a trustee for seven pension schemes and chairs six.
He holds the pensions management institute’s award in pensions trusteeship for both defined benefit and defined contribution pension schemes.
Grant is an accredited professional pension trustee with over 30 years’ experience, including senior roles in FTSE-listed companies and managing DB and defined contribution schemes from £200m to £6bn in asset size.
TPT said the new board brings a broad range of skills and experience to oversee the superfund in the best interest of its members.
Ladha said: “I am very excited to be a part of TPT’s new superfund.
“I, along with the rest of the board, think there is a real opportunity here to do something that’s innovative and which ultimately holds the best interests of members at its heart.”
Nicholas Clapp, chief commercial officer at TPT Retirement Solutions, said: “I have every faith that this newly appointed board, with its breadth of knowledge, expertise and independent thinking, will prioritise members’ interests and achieve the best possible outcomes for them.
“It’s important to have the board in place now as we move into TPR assessment.
“At TPT, we believe consolidation vehicles such as this provide better outcomes for members.”
Clapp added: “They benefit from economies of scale and help to achieve better value for money, aligning with The Pension Regulator’s (TPR) ambitions for fewer, larger, well-run schemes.”
