Redington’s advice will not just focus on the Diversified Growth Fund (DGF) but also on the overall investment proposition, supporting key areas of scheme governance such as independent analysis of value for members and good member outcomes.
Nigel Waterson, Chair of Board of Trustees of NOW: Pensions said: “The pensions market is rapidly evolving and as a master trust now operating with over 1 million members, we must ensure that our governance structure is continuously challenged and enhanced.
We look forward to building a close working relationship with Redington, and have every confidence that their insight and experience will be of great benefit to the trustee board.”
Lydia Fearn, Head of DC and Financial Wellbeing: “When people invest in a pension they are looking for simplicity, value for money and long term sustainability. NOW: Pensions is at the forefront of supporting members, not only in joining a pension scheme, but ensuring they achieve the best possible outcome when they choose to retire.
We are really excited to support the NOW: Pensions team in developing clear solutions that will play a part in helping its 1.2 million members achieve greater financial security in their future’.