TPR master trust head quits to join LGIM

Professional Pensions
clock • 1 min read

The Pensions Regulator’s head of master trust authorisation Kim Brown has left the watchdog to join Legal & General Investment Management and run the L&G Mastertrust and its IGC.

Brown will act as pension scheme director for the L&G Mastertrust and Legal & General's independent governance committee (IGC), taking on responsibility for a dedicated team that supports both the trustees of the master trust and the IGC members.

She will join LGIM in February 2020 following a period of leave.

LGIM head of defined contribution Emma Douglas said: "Kim is a terrific hire, and as the L&G Mastertrust approaches £10bn of assets and nearly one million scheme members, her immense technical and supervisory knowledge will help us to keep pace with cutting-edge pension scheme developments."

Dermot Courtier, the independent chairman of the L&G Mastertrust and the Legal & General IGC, added: "We look forward to working with Kim and benefitting from her deep team skills and extensive expertise in governance, regulation and delivering ‘best in class' member outcomes. She will lead a dedicated team responsible for the day-to-day running and support of the master trust board and IGC activities."

Brown has worked at the regulator for more than 10 years, managing complex cases, implementing new legislation and leading the regulatory transactions team. Most recently she led the design and implementation of master trust authorisation.

More on Appointments

People Moves: Vidett appoints five

People Moves: Vidett appoints five

Trustee firm appoints five to governance, HR, IT and marketing teams

Professional Pensions
clock 18 July 2024 • 1 min read
Options scheme to transfer assets to Smart Pension Master Trust

Options scheme to transfer assets to Smart Pension Master Trust

Up to £545m to be transferred from Options scheme to Smart Pensions Master Trust in bulk transfer

Jasmine Urquhart
clock 16 July 2024 • 1 min read
People Moves: Week ending Friday 12 July 2024

People Moves: Week ending Friday 12 July 2024

PP brings together all the appointments in the pensions industry over the past week

Professional Pensions
clock 12 July 2024 • 13 min read
Trustpilot