Whorlow: We are looking for a trustee with extensive investment experience
The Aegon Master Trust will move from an affiliate board structure to fully independent, recruiting a further trustee as part of the process.
The move comes in response to client and consultant feedback, and is designed to bring additional external oversight and expertise.
The master trust is specifically looking for a trustee with investment experience, particularly in relation to ESG considerations as it increases its ESG strategy exposure.
The BlackRock LifePath default fund will invest more than half of assets in such strategies by the end of the first quarter next year.
Aegon workplace managing director Linda Whorlow said: “As part of the recruitment process we are looking for a trustee with extensive investment experience, centred around the ESG considerations in workplace pensions which will be a valuable addition to an already diverse and highly regarded board.