PLSA bolsters board with former shadow pensions minister

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Gregg McClymont is joining the board of the Pensions and Lifetime Savings Association in October.  

The former Labour MP for Cumbernauld, Kilsyth and Kirkintilloch East and shadow pensions minister was previously a member of the PLSA’s policy board and chaired the PLSA’s master trust committee at the time.

“I am pleased to welcome Gregg back to the PLSA. 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,” said Emma Douglas, who chairs the association.

“Throughout his career he has been a prominent campaigner for improved pension outcomes and an advocate for public policy that helps everyone achieve a better income in retirement.”

McClymont had the shadow pensions minister role from 2011 to 2015 and is currently executive director at infrastructure manager IFM Investors. Before this, he worked at master trust provider the People’s Partnership, where he was group director of policy and external affairs, and for three years was the head of retirement at Aberdeen Asset Management.

Chief executive Julian Mund said: “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. His skillset will significantly boost the policy and advocacy work of the PLSA and help us achieve our goals beyond the general election.”

The PLSA said McClymont’s hire comes “at a pivotal time for pensions, with all sides of politics committed to a greater role for pension funds in supporting UK economic growth”.

On which matters should the PLSA lobby the new government? 

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