The People’s Pension Trustee

The People’s Pension Trustee is responsible for running the scheme and for looking after all the pots of money held by the scheme. Incorporated on 30 May 2012, the Trustee Board is made up of the following individuals.

Steve Delo

Chair of the Trustee (re-appointed 1 April 2020)

Steve Delo, Chair of the Trustee for The People's Pension

Steve Delo is the Executive Director of PAN Trustees, an award-winning independent trustee firm, and is a former President of the Pensions Management Institute. Steve has twice been named ‘Independent Trustee of the Year’ by Engaged Investor and been listed as one of the Top 50 people in pensions by Pensions Insight.

His 30 year career has included senior roles in scheme management, consulting, asset management and trusteeship. He now specialises in the governance of large scale pension arrangements. He is a leading independent trustee who has been sitting on major pension scheme trustee boards for the last 12 years.

He currently works with a wide range of occupational defined benefit and defined contribution schemes, in most cases acting as chair of trustees, with total assets of around £20bn. He sits on 3 master trust boards – 2 defined contribution, 1 defined benefit. He is a Fellow of the Pensions Management Institute.

Alan Pickering CBE

Trustee Director

Alan Pickering, Trustee Director for The People's Pension

Alan is Chairman of BESTrustees and is a Trustee of a number of pension schemes including The Plumbing Industry Pension Scheme.

He has over 40 years’ experience across a wide variety of roles in the pensions industry.

He has sat on the board of a number of important industry bodies, including serving as Chair of the former National Association of Pension Funds (now the Pensions and Lifetime Savings Association).

Baroness Drake CBE

Trustee Director

Jeannie Drake sits in the House of Lords as a Labour peer. She’s an independent member of the Private Equity Reporting Group, the Engie Scrutiny Board, and is a trustee of the Telefonica UK Pension Scheme and the Byhiras Trust Ltd.

Jeannie has experience of pensions from both the perspective of public policy and trustee responsibilities. She was a member of the Turner Pensions Commission, on the Boards of the Pension Protection Fund and the Pensions Advisory Service, was acting chair of the Personal Accounts Delivery Authority and Chair of the Railway Pension Commission. She has also been a trustee of the Santander (UK) Group, the Girobank and the Alliance and Leicester pension schemes.

Mark Condron

Trustee Director

Mark has over 30 years’ experience in the pensions industry and is a former Senior Partner with Mercer. He is a Fellow of the Institute and Faculty of Actuaries and an Accredited Professional Trustee with the Pensions Management Institute.

During his career he has held a wide range of senior positions with responsibility for pensions advisory and administration businesses, and was a non-executive member of the Mercer audit committee. In his advisory work he has helped many large UK pension funds and companies on all aspects of pension provision. He is experienced in pension scheme funding, investment, governance and administration, and is now a member of a number of trustee boards/ pension scheme governance committees.

David Maddison

Trustee Director (appointed 1 June 2018)

David Maddison, Trustee Director for The People's Pension

David has 35 years’ pension industry experience and was with RPMI (the executive arm of the Railways Pension Trustee Company) for over 30 years before retiring in 2019. His last role was leading the strategic development of the railways pension scheme – including all trustee and governance services, covenant and policy services for both defined benefit and defined contribution schemes.

David is a Non-Executive Director of Health Shield Friendly Society Ltd and a nominee from the Department for Transport for a section of the Railways Pension Scheme. He is also the nominee on Pensions Committee of the 1994 Pensioners Section of the Railways Pension Scheme.

Chris Fagan

Trustee Director (appointed 1 July 2018)

In addition to building a portfolio of non-executive and trusteeship roles, Chris is an Associate Director with independent consultancy, Muse Advisory.

Prior to this appointment he was a Trustee of the Towers Watson Pension Scheme and worked in Willis Towers Watson’s Investment Advisory and Fiduciary Management teams.

With almost 30 years of experience at UK pension schemes, Chris’ expertise helps to further strengthen the technical pensions offering at The People’s Pension.