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TPT appoints trustee board for new multi-employer CDC scheme

by John Greenwood
October 29, 2025
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TPT Retirement Solutions has appointed Kim Nash, Venetia Trayhurn and Alison Hatcher to the board of trustees for its proposed multi-employer collective defined contribution (CDC) scheme.

Nash, professional trustee and managing director of ZEDRA Governance, will chair the board, joined by Trayhurn, an independent trustee and partner at newly founded firm Falcon Trustees, and Alison Hatcher, professional trustee and head of trusteeship at Vidett.

Nash has been a professional trustee at ZEDRA Governance for 13 years and managing director for the last three years after starting out as a qualified actuary. Nash has chaired several DC master trust boards and supported them through the authorisation process, as well as Independent Governance Committee (IGC) boards.

Trayhurn has spent the last 9 years as a professional trustee and founded Falcon Trustees, earlier this year. She has a legal background, specialising in pensions law and dispute resolution. Prior to becoming a professional trustee she spent her career in private practice at a law firm, as inhouse counsel and latterly three years at the Financial Ombudsman. Trayhurn is an accredited independent professional trustee with DB, CDC and DC experience, including as an IGC member.

Hatcher has more than 20 years’ experience in financial services and holds positions on boards as both a trustee for DB and DC schemes, as well as on a Housing Association and the Council of Warwick University. For more than 13 years, Hatcher worked at HSBC eventually becoming the CEO of HSBC Retirement Services Limited. She developed and implemented their strategy for the creation of a digital wealth platform and took their master trust through authorisation. Hatcher stepped down as a non-executive director of The Pensions Regulator earlier in the year.

TPT was the first provider to declare its intention to enter the multi-employer CDC pensions market, in May 2025 and remains the only provider to formally announce such a move. TPT is currently designing the scheme, with plans to apply for authorisation in 2026.

Nash said: “I’m thrilled to join the board of the UK’s first multi-employer CDC scheme, working with fellow boards members and TPT to complete authorisation and helping to pioneer a new model for secure, sustainable pensions. This is an important step forward for members and for the future of retirement provision in the UK.”

David Lane, CEO, TPT Retirement Solutions, said: “We’re delighted to welcome our three new trustees to the board of the UK’s first multi-employer CDC scheme. Their experience and insight will be invaluable as we build a robust, innovative model for collective pensions. Together, we’re shaping a new era of retirement security, providing a full suite of options to cater for all types of scheme.”

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