The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.
Alongside Legal & General Investment Management (L&G) head of defined contribution (DC) solutions Emma Douglas, who will sit as chairwoman, the board members will be tasked with shaping the PLSA's policy agenda for all retirement income products.
The board is designed to recognise that policy increasingly straddles all types of workplace retirement provision, and may choose to replace the existing defined benefit (DB) and DC councils.
The members include four industry representatives who were yesterday (24 September) confirmed as stepping down from the trade body's corporate board, which was reduced from 12 to eight members to make it "agile and more appropriate". These were National Grid Pension Trustees chief executive Chris Hogg, Standard Life head of pensions strategy Jamie Jenkins, Norfolk Pension Fund head Nicola Mark, and Royal Bank of Scotland director of reward, pensions and benefits Carol Young.
Other members include: Arc Pensions Law senior partner Anna Rogers; NEST director of strategy Zoe Alexander; Now Pensions director of policy Adrian Boulding; and The People's Pension director of policy, and former shadow pensions minister, Gregg McClymont.
Douglas said she was pleased the trade body was able to "achieve such diversity across the membership".
"I am delighted to announce the full membership of the PLSA's policy board, with a host of experienced thought-leaders from within the pensions sector," she added.
"The make-up of the policy board not only reflects the breadth of the PLSA's membership, but we also have a range of ages and backgrounds represented and over 50% are female, which unfortunately can still be rare within our industry. I am very much looking forward to working with this group to shape the pensions and savings landscape for the benefit of both schemes and savers."
Director of policy and research Nigel Peaple added: "The new policy board is key in ensuring we continue to stay ahead on policy issues and in helping us deliver our mission of helping everyone achieve a better income in retirement."
The PLSA announced plans for the board last October at the trade body's annual conference, and appointed Douglas earlier this year. All appointments will need to be ratified at the 2018 conference, which will take place next month.
The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.
The Pensions Management Institute (PMI) has appointed three non-executive directors and an executive director to its board.
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Six members of Ross Trustees’ pension trustee and support teams have been promoted into new roles.