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Pension SuperFund Adds Margaret Snowdon To Board

The Pension SuperFund Trustees have appointed Margaret Snowdon to the Board, effective 1 December, 2020.

Snowdon's recent roles have included being member of the Phoenix Group IGC and With-Profits Committees, the ReAssure Fairness Committee and a NED of XPS Pensions Group. In addition, she has been a NED on the Pensions Regulator Board for four years up to May 2020.

Richard Wohanka, Chairman of Board of Trustees for The Pension SuperFund, said:

We are delighted to welcome Margaret to the Board of Trustees at the Pension SuperFund. Her track record is hugely impressive in both pensions and financial services, and this appointment further strengthens a high-class roster of pension professionals to ensure first-class leadership and governance for what is a very exciting time for the superfunds landscape.”

Snowdon is also a Fellow and former Vice President of the Pensions Management Institute and while involved with PMI, was instrumental in the development of pensions professional training and examinations. She also acted as a subject examiner for the PMI for several years. She leads on scams prevention with her chairmanship of the Pension Scams Industry Group.

I am delighted to join the Pension SuperFund and look forward to helping ensure that DB consolidation is a success, delivering better member outcomes, while removing a burden from employers,” said Snowdon.

The news comes as the PSF recently welcomed new TPR guidance for Trustees and employers considering DB superfund transfer.

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