An expert in public policy is to take a seat on the board of the UK’s pension trade association, the Pensions and Lifetime Savings Association (PLSA).
Gregg McClymont, the Labour shadow pensions minister for four years until 2015, joins the association at an important time for pensions, with a new Labour government and all sides of the political divide seemingly committed to a greater role for pension funds in supporting UK economic growth.
McClymont will join the board following the PLSA’s annual general meeting in October.
He is currently an executive director at IFM Investors, the infrastructure investment manager created and owned by 17 Australian pension funds.
McClymont joined IFM from the People’s Partnership, where he was group director of policy and external affairs.
He has also spent three years as head of retirement at Aberdeen Asset Management after leaving Parliament.
McClymont served previously on the PLSA’s policy board, when he also chaired the PLSA’s master trust committee.
His non-executive director experience includes roles at the PLSA’s Pensions Quality Mark, the Investing and Saving Alliance and the Pensions Scholarship Trust.
Emma Douglas, chair of the PLSA, said of Gregg: “His experience as a former shadow pensions minister, and in senior policy forming roles in the pensions and investment industry, strengthens an already formidable PLSA board.”
Julian Mund, chief executive, PLSA added: “Gregg is an ideal fit for the PLSA, bringing with him senior parliamentary and industry experience and, in his current role with IFM Investors, a track record of supporting pension funds to invest in productive finance assets globally.”
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