The People’s Pension has appointed Mark Condron to be the new chair of its trustee board.
Condron, a fellow of the Institute and Faculty of Actuaries and an accredited professional trustee, has already served on the People’s Pension trustee board for two years. He will replace Steve Delo, who comes to the end of his term in September this year.
Condron has more than 30 years’ experience in the pensions industry holding a wide range of senior positions within the pensions advisory and pensions administration sectors. He is a member of a number of trustee boards and pension scheme governance committees.
Commenting on this appointment Condron said: “I’m delighted to be appointed as chair. The People’s Pension is a huge success story, having helped almost 6 million people across the UK save more than £17bn in pension savings. It has an incredibly important role to play in the auto-enrolment market, helping to bring pension provisions to those who may not otherwise have access to retirement saving tools.”
Patrick Heath-Lay, chief executive of B&CE, provider of The People’s Pension, said that like his predecessor Condron was “fully focused on ensuring that the members of The People’s Pension are at the heart of every decision the trustee makes”. He adds: “I very much look forward to working with him on continuing to grow and develop the scheme for the benefit of our membership.”