Skip to content
ADVERTISEMENT
News

Pensions UK appoints four non-executive directors to board

Rachel Brothwood, Patrick Heath-Lay, David Lane and Katharine Photiou have joined the board.

4 min read
Share
New hire
ADVERTISEMENT

Pensions UK appointed four member non-executive directors to its board and named a new policy board chair.

Rachel Brothwood, executive director of West Midlands Pension Fund, Patrick Heath-Lay, chief executive of People’s Partnership, David Lane, chief executive of TPT Retirement Solutions, and Katharine Photiou, managing director of workplace savings at L&G, have joined the board.

Brothwood has been appointed as chair of the policy board. 

She succeeds John Chilman, who will remain on the Pensions UK board until his term ends in October 2027.

Carol Young, chief executive of USS, will step down from the board in October 2026.

ADVERTISEMENT

Brothwood said: “It’s a privilege to take on this role at such an important time for our industry. 

“With significant reform underway, we have a responsibility to make sure that change ultimately helps our pensions system to evolve as we build and protect financial futures. 

“Pensions UK has an important role in bringing the industry together to navigate that change and shape what comes next.”

ADVERTISEMENT

Brothwood  added: “I look forward to working with leaders across the sector to ensure our collective experience informs the debate, our voice continues to be heard, and we remain focused on delivering a better outcome for savers.”

Heath-Lay said: “I’m honoured to be invited to join the Board of Pensions UK and further support its vital work during such a transformational time for the industry.

ADVERTISEMENT

“Strong voices are not only needed on behalf of this key sector in the economy but also the millions of hard-working savers up and down the country who rely upon us to help them achieve the kind of retirement they hope for.

ADVERTISEMENT

“One of the great strengths of Pensions UK is its ability to bring a sharp focus on key issues on behalf of its membership and collaborate with policy makers and other stakeholders, and I very much look forward to supporting this important work.”

Lane said: “The UK pensions landscape is evolving rapidly as new, innovative propositions are entering the market with the aim of delivering better retirement outcomes for savers. 

“It represents an exciting time for our industry but navigating that change successfully will require us to draw on the breadth of experience and expertise across the pensions community.

“In this context, Pensions UK has a vital role to play in bringing together those voices and I look forward to working with colleagues across the Board, and its wider membership, to help shape the future of UK pensions.”

ADVERTISEMENT

Photiou said: “I am delighted to be joining the Board of Pensions UK at an important time for the pensions industry. 

“There is a real opportunity to build on the progress already made by helping more people engage with their savings, make informed choices and feel better prepared for retirement.     

“The Pensions Commission has an important role to play in building consensus around future change.” 

Photiou added: “I look forward to working with colleagues across Pensions UK and the wider industry to ensure the experiences of members, employers and providers help inform these discussions.”

Jamie Fiveash, chair of Pensions UK, said: “These appointments further strengthen our Board at a pivotal time for pensions policy and regulation. 

ADVERTISEMENT

“Patrick, Rachel, David and Katharine each bring a different perspective and deep expertise which will help us challenge constructively, think strategically and ensure Pensions UK remains firmly focused on the needs of its members and pension savers.

“I was enormously impressed by the quality of candidates throughout the recruitment process and I am particularly pleased that these appointments bring fresh perspectives from across our industry to the centre of Pensions UK’s governance.”

Fiveash added: “I look forward to working closely with them as we continue to deliver our ambitions for the sector and support members through a period of substantial change and reform.”

Julian Mund, chief executive of Pensions UK, said: “Rachel, Patrick David and Katharine bring experience and leadership from different parts of the pensions landscape and will make an important contribution to our work.

“The pensions sector is going through a period of significant change and opportunity. 

“Having strong and diverse voices around our Board table is essential if we are to continue representing our members effectively and shape a pensions system that delivers better outcomes for savers.”

Related