Lisa Mundy appointed to Mercer Master Trust board
Mercer has appointed BESTrustees’ Lisa Mundy as a representative to the Mercer Master Trust board.
Mundy was first appointed to BESTrustees last year and will lead the Mercer Master Trust board's administration and communications sub-committee.
Mercer partner and master trust strategies Roger Breeden said: "We are delighted to welcome Lisa and her considerable and diverse knowledge and experience to our trustee board. Lisa's proven member-first approach, from her background in customer service and communications, means her contribution will be invaluable."
Mundy has close to 30 years of experience in financial services and has held a variety of senior roles with LV= over a 12-year period, including service director of life and pensions. She worked across advertising and sales at Lloyds Bank prior to that and has served as a trustee for both defined contribution and defined benefit schemes since 2016.
Breeden also flagged the importance of governance as markets continue to struggle across the world under the mounting pressure of the Covid-19 pandemic.
He said: "Active governance is vital as the Covid-19 pandemic has illustrated [and] the Mercer Master Trust trustees are working hard with us to ensure members are in a safe and secure financial position, supported by strong administration and communication.
"Our administrates are closely monitoring the investment portfolios performance and strategy, particularly for those members who are approaching retirement and therefore more immediately affected by market volatility."
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