Policy Board

Policy Board

Our Policy Board guides and decides on our public policy positions. Its remit and representation stretches across all aspects of our policy work on pensions and lifetime savings and its goal is to shape the policy agenda for all aspects of retirement income.

The Policy Board carries out our mission to help everyone achieve a better income in retirement across six priority themes for 2022. These topics are adequacy, pensions dashboards, DB funding, DC decumulation, responsible investment and the LGPS. 

Policy Board appointments and membership are set out in our Rules. Its members were selected for their senior and strategic level experience advising and implementing on regulatory change. The Policy Committees sought policy expertise, continuity of involvement with PLSA policy and representation from key membership groups. 

The Policy Board meets four times a year. It is supported by four standing committees aligned to the current regulatory regimes:Defined Benefit, Local Authority, Defined Contribution and Master Trust pensions.


John Chilman
RPMI
Chair, PLSA Policy Board

John joined as CEO of RPMI, and an Executive Director of Railpen, in June 2019, having previously served for 12 years as a Director of the Railways Pension Scheme Trustee Company, and Chair for the last five years. John is also an Independent Trustee of the Nestlé UK Pension Fund.

John is a Chartered Accountant by qualification, and was previously Group Head of Pensions at National Grid. Prior to that John held senior financial, commercial and pension positions at a number of large companies, including PricewaterhouseCoopers, South Western Electricity, Shell, HBOS and FirstGroup.


Zoe Alexander
NEST

Zoe has been at NEST for three years, initially joining as Director of Public Policy, and then as Director of Strategy for the last 18 months. Her role comprises considering the long term strategy for the organisation, as well as acting as the interface with Government and the public policy community.

Before joining NEST, Zoe was a civil servant for over a decade, in a variety of roles. She was Private Secretary to the Secretary of State for Work and Pensions during the passage of the legislation that established Automatic Enrolment, and recently led a Treasury programme to set up the national pensions guidance service, Pension Wise, as Head of Operations. Previously she authored a cross-Government strategy seeking to address the causes of poverty, and worked with the Cabinet Office to develop Social Finance initiatives via local authorities. 

Zoe works part time and is interested in improving diversity in financial services by encouraging more part time workers of both genders to consider senior roles.


Adrian Boulding
NOW:Pensions

Adrian Boulding is Director of Policy at NOW:Pensions, a large auto-enrolment mastertrust that has grown to almost two million members from a standing start in 2012. Adrian is spearheading NOW:Pensions’ application to The Pensions Regulator for authorisation under the new master trust regime brought in by Pension Schemes Act 2017.

Adrian is also Chief Innovation Officer as fintech start-up Spire Platform Solutions that is modernising products to make them relevant for today, not yesterday.


Rachel Brothwood
West Midlands Pension Fund

Rachel is the Director of Pensions at the West Midlands Pension Fund. An actuary with over 15 years pension and investments experience, Rachel joined the Fund in 2015 and works with a wide range of organisations to support the delivery of pension benefits to over 300,000 members across the West Midlands region.

Since joining the Fund Rachel has led on development of administration, funding and investment strategy and works alongside LGPS colleagues and advisers to deliver an integrated programme of risk management to meet the challenges of an evolving scheme.

West Midlands is part of the LGPS Central investment pool for which Rachel sits as nominated representative on the Practitioners Advisory Forum.  Rachel is currently part of the PLSA Local Authority Committee, CIPFA Pensions Panel, Scheme Advisory Board Cost Management, Benefit Design and Administration sub-committee and has been elected Hon Treasurer for the Local Authority Pension Fund Forum (LAPFF).

Rachel graduated from the University of Nottingham with a first-class joint honours (BSc) degree in Mathematics and Economics and is a Fellow of the Institute and Faculty of Actuaries (FIA, CERA).


Philip Brown
The People’s Pension

Philip has worked in financial services for over 30 years, with most of his experience focused on pensions and retirement income products. During this time he has worked as an independent consultant, Head of Policy at LV= and as a Senior Policy Associate on high level projects at the Financial Services Authority, as well as being the Head of Customer Services and Technical Administration, managing the vesting process for a large back book of varied pension and life products, and was winner of The Public Affairs Awards ‘Corporate Campaign of the Year’ 2016.

Philip has been an active member of a number of industry trade bodies over the years including: the ABI Retirement and Savings Committee; the Chair of the ILAG Savings Strategy Group; a Founder member of and a Management Board Member of PICA; the Chair of the Options Steering Board; a member of the Money Advice Service Independent Review Panel; Chair of the Retirement Planning Financial Capability Strategy Steering Group; a member of the HMT FinTech Delivery Panel; a member of the InsureTech Board, as well as a member of the ABI Retirement Market Working Group.


Mel Duffield
USS

Mel is the Pensions Strategy Executive at the Universities Superannuation Scheme (USS), the hybrid pension scheme for academics and related roles in the UK higher education sector. USS currently has around 420,000 members and holds £64.4bn in assets. After joining USS in February 2015, Mel was heavily involved in the design and implementation of the scheme’s new DC section, USS Investment Builder, and has now taken on a wider remit covering strategy and insight, stakeholder engagement, policy and proposition development, member communications and digital channels. 

Before joining USS, Mel was Deputy Director at the Pensions Policy Institute (PPI), an independent research charity focusing on pensions and retirement savings issues, and prior to that Head of Research and Strategic Policy at PLSA. 

Mel started her professional career in the UK civil service, working as a senior economic advisor at HM Treasury, the Department for Work and Pensions and the Department for Education. Mel has a BSc in Economics from Nottingham University, an MSc Economics from Bristol University, is a serving Magistrate, and plays football and climbs mountains in her spare time.


Laura Hay
Tesco

Laura is the co-Head of Group Pensions for Tesco and is responsible for governance, compliance, funding and investment strategies for all Tesco Group pensions arrangements. 

Before joining Tesco, Laura was a consulting actuary at PwC for over 12 years- advising clients on a wide range of pensions issues.

Laura is keen advocate and supporter of flexible working and successfully job shares in her current role at Tesco.  


Brian Henderson
Mercer

Brian is Partner and Director of Consulting within Mercer’s Wealth business. He is lead advisor to some of the largest UK Pension Schemes and Employers and known for developing innovative and award winning wealth solutions. He is Chair of Mercer’s Wealth Policy Board, responsible for overseeing the consulting agenda, developing key market themes and shaping policy on technical matters across the Mercer Wealth business.

Brian has over 25 years’ experience which also includes investment consulting together with performance measurement. Before joining Mercer in 2008, Brian was a Senior Investment Consultant within the Investment Practice of Hymans Robertson LLP. Prior to that, he was a director of The WM Company, the specialist performance measurement firm latterly owned by Deutsche Bank.

Brian is a member of PLSA’s Policy Board and DC Committee. He is Chair of the PLSA cross-industry taskforce delivering guidance for trustees on ESG and Stewardship and he is a member of the UK Government Social Impact Investment Implementation Taskforce.


Jamie Jenkins
Royal London

Jamie has worked in financial services for over 30 years, primarily in the area of long-term savings. He has held positions in Operations, Marketing, Proposition Development, Public Relations and Policy.

In 2017, Jamie was appointed by the Department for Work & Pensions to chair the Automatic Enrolment review on coverage, which resulted in the proposals to remove the Lower Earnings Limit from pension calculations and lower the minimum age for eligibility from 22 to 18.

In 2018, he held a global role, speaking to people around the world about different retirement systems and how countries were facing up to the challenge of an ageing population.

He sits on a number of industry-related committees and is a regular commentator in the press.

Jamie was appointed as Director of Policy & External Affairs at Royal London in January 2021.


Sorca Kelly-Scholte
BlackRock

Sorca Kelly-Scholte, Managing Director, is Lead Client Chief Investment Officer for EMEA Pensions in Multi-Asset Strategies & Solutions (MASS).

Prior to joining Blackrock in 2021, Ms Kelly-Scholte led the Pension Solutions team in EMEA at J.P. Morgan Asset Management, providing strategic advice and input to clients in the region. Before that, Sorca led strategic advisory services at Russell Investments to consulting and fiduciary management clients in Europe, designing investment strategy and de-risking glide paths for pension funds, and overseeing the implementation of those strategies. In her early career, Ms. Kelly-Scholte was a trainee actuary and consultant within the pensions team and investment consulting team at Coopers & Lybrand and Towers Perrin respectively. She has also served as a trustee on the J.P. Morgan UK Pension Plan, and continues to serve on the Policy Board of the Pensions & Lifetime Savings Association.

Ms. Kelly-Scholte holds a BA degree in Mathematics from Trinity College Dublin, and is a qualified actuary.


Ava Lau
London Stock Exchange Group

Ava Lau is the Head of Reward Analytics and Optimisation at the London Stock Exchange Group (LSEG), and leads LSEG’s strategy on defined benefits pension.  Her mission is to apply her analytical skills to help people make better decisions, be it in financial planning or career development.

Prior to LSEG, Ava worked at WTW as an actuary for 11 years and advised on DB, DC and public sector clients.  She was seconded to Tesco from 2014 to 2015 to assist with the closure of its defined benefits scheme and the transition to a master trust.

In addition to her current role at LSEG, she heads up the data workstream of the Pensions Regulator’s Diversity and Inclusion Working Group for Pension Trustee Boards.  She was named Pensions Manager of the Year in the inaugural Professional Pensions Rising Stars Award in 2019, and was shortlisted for Asian Women of Achievement Award in the same year. 


Sarah Luheshi
Pensions Policy Institute

Sarah Luheshi is the Deputy Director of the Pensions Policy Institute (PPI). She has overall responsibility for the PPI's research programme, as well as supporting the PPI's Director.   
She has over thirty years’ experience in financial services, initially working for a FTSE 100 composite insurance company and then as a management consultant, both in the UK and overseas.

She held a number of senior roles within the Guardian Royal Exchange Group, including strategy, marketing and IT.  Her client work varied from post-merger integration and market entry studies to qualitative and quantitative primary research, specifically product development and testing with consumers and distributors. The majority of her 15 years as a management consultant focused on delivering quantitative and qualitative research projects for major clients, with an emphasis on private pensions.  

She has presented and spoken at a number of events on a range of topics including lessons from around the international pension world, tax relief, the complexity of DC consumer decision making and IGCs.
She has a BSc in Mathematics and Physics from the University of Manchester and an MBA in International Business and Corporate Finance.


Neil Mason
Surrey Pension Fund

Neil leads the c£5b Surrey Pension Fund, with over 100,000 members and closing in on 300 employers.

Surrey is part of the Border to Coast asset pool, nearly qualifying as the “Coast”.

The Surrey Fund has been acknowledged for excellence in sustainable investing, risk management and governance in recent years and continues to strive for new ways to innovate and collaborate.

Neil is an independent member of the Local Pension Board at his old stamping ground, the London Borough of Hounslow, he also chairs the London pension officers group and is a member of the national LGPS technical group.

He is the father of twin 18 year old boys and a long suffering supporter of Queens Park Rangers. The recent inability to watch them live has been a blessing.


Paul McGlone
Aon

Paul is an Actuary at Aon, and President of the Society of Pension Professionals.  He's been advising pension schemes for over 25 years, focussing on DB schemes of all sizes.

As well as general pensions advice he's a specialist in long term flight plan and trigger strategies and leads Aon's team looking at Cyber security for pension schemes.


Euan Miller
Greater Manchester Pension Fund

Euan is Assistant Director at Greater Manchester Pension Fund, which is the largest regional fund in the Local Government Pension Scheme with approximately 400,000 members and nearly £30bn of assets. 

He has over 20 years’ experience in the pension industry, joining GMPF in 2014 and prior to that working as a consulting actuary for PwC and latterly KPMG, advising the trustees and sponsors of a range of private sector defined benefit schemes. In 2008 he was seconded to work for the shadow DWP minister to help develop pensions policy in areas such as auto-enrolment and what would later become ‘Freedom and Choice’.

Euan contributes to a number of industry groups, both in the LGPS and wider pensions arena. These include the PLSA Local Authority Committee and previously chairing the Institute of Actuaries’ In-house Pensions Actuaries group. 


Laura Myers
Lane Clark & Peacock

Laura is the Head of DC at LCP, leading the strategy of the DC practice, which advises over £15 billion of UK DC assets across 120 clients.  Using her in-depth understanding of the market, Laura helps her clients (one of which is the largest DC scheme in the UK) cut through the complexity when it comes to the full range of DC issues; from establishing appropriate investment strategies, to extracting best value for money.   Her leadership and passion is reflected every day by her ambitious and growing team, as she inspires them to develop innovative solutions for clients that improve the financial wellbeing of their savers.

Laura is an industry influencer, always on hand to offer her view of how the DC savings and financial wellbeing landscape is evolving and how employers, trustees and providers should react.  As well as chairing LCP’s market-leading annual DC Conference and spearheading the firm’s thought leadership on shaping pensions that are fit for the future, Laura regularly speaks at a range of events including the PLSA’s own annual conference.  She is also a member of the Asset Security Working Party and NextGen Committee.

Laura’s ongoing role at the forefront of the industry was recently rewarded by her nomination as the Adviser of the Year in the 2018 Women in Pensions Awards.


Darren Philp
Smart Pension

Darren is Director of Policy and Market Engagement at Smart Pension, where he is active in the industry lobbying for change in pensions and financial services for the benefit of members and customers. Darren joined Smart in September 2018, having previously undertaken policy-related roles at the The People's Pension, the National Association of Pension Funds (now Pensions and Lifetime Savings Association) and HM Treasury – where he headed up the pensions team between 2007 and 2010 and was closely involved in the design and implementation of the UK’s flagship auto-enrolment programme.  

Darren is active within industry bodies through contributing to research, thought leadership and policy development work, and is a regular commentator in the media. He sits on various PLSA and ABI committees, the PMI external affairs committee, and has recently joined the AIMSE Europe Council. Darren is a governor and trustee of the independent Pensions Policy Institute.

Darren has a BSc(Econ) in Economics from Leicester University and an MSc in Economics and Econometrics from Southampton University. Outside of work, Darren’s interests include football (both ‘soccer’ and American Football), cricket and listening to live music. Darren is also attempting (with the emphasis on attempting….) to learn the piano.


Anna Rogers
ARC Pensions Law

Anna is the Senior Partner and co-founder of ARC Pensions Law.  A former Chair of the Association of Pension Lawyers, Anna has spent her career advising clients who operate or sponsor occupational pension schemes, with a particular expertise in defined benefit schemes. Her current work focuses on various stages of the journey to ultimate winding-up, such as bulk purchase annuity transactions, benefit audits and specifications, remedial action, partial termination, participating employer reconciliations, funding and security negotiations. She is also currently engaged in governance, compliance and liability management, including incentive exercises of all kinds.

Anna has helped clients work through all the significant pensions legal and regulatory developments as they have unfolded over the last three decades. Anna also has experience with many scheme mergers, demergers, and the pensions aspects of corporate transactions at UK and international levels.


Carolyn Saunders
Pinsent Masons

Carolyn is a partner with global law firm, Pinsent Masons, and the head of their London pensions practice. She is also head of the London office of Pinsent Masons. 

A specialist pensions lawyer for over 30 years, Carolyn has supported her corporate, trustee and provider clients through many seismic changes in the industry, alongside her busy practice of advising on numerous and varied day-to-day legal and regulatory issues.   

Before joining Pinsent Masons in 2010, Carolyn led the pensions practice at Taylor Wessing and was a member of the firm’s management board. At Pinsent Masons, she led the national pensions practice for nine years, until stepping aside from that role in late 2021 to devote more time to ESG work. This has been an area of interest for many years – especially in relation to climate and diversity – where her work has included collaborations with Leeds University on climate change and with the Fawcett Society on female consumer engagement. 

Carolyn is a regular conference speaker and media commentator, including for BBC Radio 4, Radio 5 Live and BBC News. Carolyn is also a member of the CBI’s London Council and of Business in the Community’s London Board 
Beyond pensions, Carolyn is a keen walker, a long-time member of the London Philharmonic Choir and sits on the board of theatre company, Paines Plough


Lisa Young-Harry
HSBC Pension Trust

With over 25 years’ experience in pensions, Lisa is CEO of the HSBC Bank Pension Trust (UK) Ltd a £35bn scheme with c190,000 members. Prior to which she was the Head of Group Pensions at Tesco and before that she had a similar role at Prudential. Lisa was a consulting actuary for Hymans Robertson before going in-house.

Lisa is a Fellow of the Institute and Faculty of Actuaries. She graduated from the University of Southampton with 1st class honours in Mathematics with Actuarial Studies and has an MBA from Richmond Business School.

Lisa is passionate about fitness and wellbeing and is also a qualified personal fitness trainer. In her spare time Lisa enjoys swimming, running and weight lifting. Lisa lives in Essex with her three children.