Workplace pensions provider Now Pensions has appointed Martyn James as its director of investment.
James will be responsible for leading the investment strategy of the business, with a focus on delivering returns, as well as enhancing the sustainability characteristics of the portfolio, particularly working with the trustees to strengthen their stewardship activity.
Prior to joining Now Pensions, James spent 22 years at Mercer. Over the last decade James has been a partner within Mercer’s UK defined contribution business, including a two-and-a-half-year secondment leading Mercer’s wealth, pensions and investments business in Latin America.
Now Pensions is part of Cardano, the pensions advisory and investment management specialist.
James comes to the business at a pivotal time for the scheme, which has surpassed £4bn in assets under management, and with the introduction of a series of enhancements to its proposition, due to be rolled out in the coming months.
James will lead the direction and implementation of the investment strategy, which has been designed to deliver enhanced outcomes over the long term, allowing for greater investment choice and further sustainable investment opportunities.
Now Pensions said James will also work to ensure the trustee’s core principles of a living wage, gender equality and climate change are implemented within its investee companies.
Patrick Luthi, chief executive of Now Pensions, said: “Martyn joins us at a crucial moment as we look to drive momentum across our investment proposition.
“Martyn joins us with a deep knowledge of the UK master trust market that will be instrumental in guiding our investment strategy into its next chapter, ensuring we continue to deliver for our members alongside keeping pace with the ever-evolving pensions landscape.”
James added: “Now Pensions is an innovative business in proposition and outlook, that continues to put members first and its new investment strategy reflects this.
“With my expertise, I hope to bring unique insight to the role and help to drive better outcomes for members, while working closely with the trustee to ensure our investments align to their three core principles of climate change, living wage and gender equality.”
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