The People’s Pension has today announced the appointment of Stuart Reid as its new Distribution Director.
Stuart will join the UK’s biggest independent master trust in February having most recently worked at Smart Pension, where he was Director (Workplace Pension), to oversee the continued growth of The People’s Pension. During his 30-year career, Stuart has worked at major companies such as Scottish Widows and Hymans Robertson, developing a rich experience in working with Trustees and Employment Benefit Consultants (EBCs) and developing strong relationships with employers.
He joins the profit for people organisation at a time when The People’s Pension has recently said it is set to begin investing in private markets this year, having reached £30 billion assets under management four months ago.
Stuart Reid said: “I’m thrilled to be joining such a purpose-led organisation, which has a proven track record in driving societal change. I look forward to leading a talented team and building on the huge success that People’s Partnership has enjoyed over the past decade. It’s such an exciting time for defined contribution funds, especially those with the rapidly growing scale like The People’s Pension offers to its 6.9 million members and over 100,000 employers.”
David Meliveo, Chief Commercial Officer at People’s Partnership, provider of The People’s Pension, said: “We are genuinely delighted to bring Stuart on board as he has a rich experience of working in consultancies, insurance and pension providers, and that breadth of almost 30 years’ knowledge will really help The People’s Pension continue to grow in all parts of the workplace benefits market.”
ENDS
Notes to editor:
People’s Partnership provides The People’s Pension, is the largest independent master trust in the UK, serving 6.9 million pension savers across the UK and manages £32bn in assets under management (AUM). As a business without shareholders, it reinvests its profits with the aim to help customers and achieve better financial outcomes for everyone.describing your block.