In her new role, as part of the UK’s second largest independent Auto-Enrolment scheme, Fiona will, through strong and independent governance, play a pivotal role on the board putting members first.
Fiona brings a wealth of experience and knowledge to the role, having worked within the pensions and life assurance industry for more than 25 years, holding a number of senior executive roles. Fiona established LifeSight, one of the most successful UK master trusts with 325,000 members and $18bn AUM and oversaw its global expansion. Fiona has also worked closely with the PLSA, sitting on the Master Trust Committee during a significant period of change for pension policy. She is also a Fellow of the Institute and Faculty of Actuaries.
As a co-founder of the Inclusion & Diversity Council at WTW, Fiona has demonstrated her commitment to fostering diverse and inclusive environments within the pensions industry, which aligns strongly with Trustee’s three stewardship themes of gender equality, climate change and living wage.
Fiona’s appointment comes at the start of a pivotal year for the Scheme, which recently surpassed £4 billion in Assets Under Management (AUM), with a series of upgrades to its proposition due to be rolled out to members and employers in early summer.
Joanne Segars OBE, Chair of Trustees, NOW: Pensions, comments: “Fiona joins during a transformative year for the Scheme and the pensions industry at large. The extensive experience, knowledge and enthusiasm that I know she will bring to the role will play a key part in helping to uphold the Board’s commitment to promoting good member outcomes. We look forward to working closely with Fiona in the years ahead.”
Commenting on her appointment Fiona Matthews, said: “As one of the most prominent master trusts in the industry, NOW: Pensions has an important role to play in ensuring improved outcomes for members. By undertaking this new challenge, I hope to play an essential part of the Board’s commitment to upholding excellence for members.”
The NOW: Pensions’ Trustee Limited board, led by Joanne Segars OBE, comprises well-known industry figures with diverse areas of expertise:
• Joanne Segars OBE, Chair of Board of Trustees
• Adrian Kennett (representing Dalriada Trustees),
• Ed Jones, Gary Smith and Tracy Weller
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