Former Nest CEO Helen Dean has started her new role as chair of the Standard Life’s Master Trust company board.
In this role she will oversee the interests of the 300,000 members of this master trust scheme.
Dean has had a long career in workplace pensions and played an instrumental role in establishing a low-cost pension scheme for the Personal Accounts Delivery Authority, prior to it becoming Nest. She held the CEO role at the company from 2015 until April this year.
Dean says that in this new role she will retain a keen interest in the issue of financial wellbeing and the part that pensions can play in this area. “Financial resilience is particularly important, but many people struggle to manage their own financial affairs, that’s why I believe so strongly in the trust model [in pensions].”
She adds: “Before I accepted this role, I had lots of conversations with people right across Standard Life and Phoenix Group, at all levels of the organisation. I was left in no doubt that they are committed to putting the member at the heart of everything they do. They understand that the key to a better business is great service and great member outcomes. The growth of the Standard Life Master Trust means that others are seeing this too.”
Dean was awarded a CBE in the 2021 New Year Honours list for her services to saving.