Council

The Council is responsible for managing the business of the PPI.  There are currently 12 members of Council.

 Matthew Annable - Chairman

Matthew is the Chairman of the Pensions Policy Institute.  He was previously Managing Director of Barclays Global Investors (BGI) and acted as Chief Investment Officer for BGI's equity business in Europe, subsequently advising the firm on public policy and the industry environment.  Prior to joining BGI in 1988, he spent seven years with consulting actuaries Hewitt Bacon &Woodrow (now Hewitt Associates).

Matthew has been a Director of the Investment Management Association and Chairman of its Asset Management Committee, and served for several years on the Investment Committee of the Association of British Insurers.  He participated in panels advising both the Treasury and Department for Work and Pensions on investment and pensions issues and has also been a member of the IASB's Working Party on pensions accounting. 

Matthew has a degree in mathematics from Oxford University and is a Fellow of the Institute of Actuaries.

 

 Professor Nicholas Barr

Nicholas is Professor of Public Economics at the London School of Economics and the author of numerous books and articles including The Economics of the Welfare State (OUP, 4th edn, 2004), and Reforming Pensions: Principles and Policy Choices (with Peter Diamond) (OUP, 2008). 

Nicholas spent two periods at the World Bank working on the design of income transfers in Central and Eastern Europe and Russia and has been a Visiting Scholar at the Fiscal Affairs Department at the International Monetary Fund.

Since the late 1980s, Nicholas has been active in debates about pension reform and higher education finance, advising governments in the post-communist countries, and in the UK, Australia, Chile, China, Hungary, New Zealand and South Africa. 

 Laurie Edmans CBE

Laurie has had a lifetime career in pensions and financial services.   He is a member designate of the NEST board, and was one of the founding directors of the Pensions Regulator.  He is Chairman of the Safe Home Income Plans group and deputy chairman of MGM Assurance.  

Laurie is also a director of B Different Ltd, a leading financial services research and branding agency, and treasurer of the Family and Parenting Institute.

Laurie received the CBE for services to pensions reform in 2006.

 

 Paul Johnson

Paul is currently a senior associate at Frontier Economics and a Research Fellow at the Institute for Fiscal Studies. His current work is focussed on economics of climate change, education, health, pensions, financial regulation and tax. He is an editor of the “Mirrlees Review” of the tax system being carried out at the IFS.

Paul has pursued a career in the economics of public policy. He was a director in HM Treasury, responsible for a range of public spending issues including environment, climate change, and public sector pay and pensions. He was deputy head of the government economic service, until 2007. Prior to that he was chief economist at the Department for Education and Skills. Before entering government Paul was deputy director of the IFS where he worked and published widely on the economics of pensions, welfare reform, tax and inequality.

Paul has also worked at the FSA, has been on the council of the Economic and Social Research Council, was a member of the Commission of Taxation and Citizenship. He is a member of the Commission on Youth Justice.

Paul was educated at the universities of Oxford and London.

 

 Michael Pomery CVO

Michael recently retired from Hewitt, 40 years after joining Bacon & Woodrow, as the firm was formerly known in the UK.  He graduated in Mathematics from Oxford University in 1966 and qualified as a Fellow of the Institute of Actuaries in 1970.  After two years teaching Math at secondary school level in a developing country with Voluntary Service Overseas, he returned to Bacon & Woodrow in 1972 and became a Partner in 1973, advising companies and trustees on all aspects of pensions.

Michael is a Past President of the Institute of Actuaries, having served as President from 2004 to 2006, when he steered the profession through the Morris Review and a strategic review of the future of the professional body in the post-Morris era. He is Chairman of the UK actuarial profession’s International Committee, represents the UK actuarial profession on the Groupe Consultatif of European actuarial associations and chairs the Professionalism Committee of the International Association of Actuaries.  In 2001, he received the President's Award for outstanding contribution to the actuarial profession in recognition of his leadership of the profession's Review of the Minimum Funding Requirement for the Government.

Michael is chairman of the Supervisory Board of the Schroders Charity Funds and Honorary President of the Pensions Archive Trust.  He was an elected member of the NAPF Council from 1988 to 1992, including two years as Chairman of the NAPF Education Committee.

Michael became a Commander of the Royal Victorian Order (CVO) in the 2007 New Year Honours’ List , for actuarial services to the Royal Households.

 Rhoslyn Roberts

Rhoslyn was born in Cardiff. She joined British Coal after graduating from Manchester University and was appointed Secretary of the British Coal Staff Superannuation Scheme in 1987.  She continued in that role until the privatisation of the coal industry in December 1994.

Rhoslyn joined the BBC in January 1995 as Secretary of the BBC Pension Scheme, left in 1997 to work for four years at the NAPF as Director of Benefits, and rejoined the BBC in 2001 as Head of Pensions.  After more than 20 years working in pensions in the public sector, she became Group Head of Pensions at GUS in early 2004, subsequently moving to Experian as Global Head of Pensions in 2006 when GUS demerged its remaining businesses.

Rhoslyn’s main interests concern the place for pensions in the employee reward package and the constantly changing legislation, increasing costs and the business imperative to de-risk which provide ongoing challenges for a FTSE100 company in sponsoring pension provision for its employees.

Rhoslyn served on the NAPF Benefits Council from 2002 – 2005 and was Council Chairman from 2003 – 2005.  She represented the UK on the Board of the EFRP for two years, is a Fellow of the PMI. 

 Joanne Segars OBE

Joanne became the Chief Executive of the NAPF in October 2006 having joined the organisation in 2005 as Director of Policy.  Before joining the NAPF she was Head of Pensions and Savings at the Association of British Insurers from 2001 to 2005.  Joanne held the pensions brief at the Trades Union Congress for 13 years and started her career in pensions as a researcher and journalist for Incomes Data Services.

Joanne has a degree in economics from John Moores University, Liverpool, and a Master of Arts degree in industrial relations from the University of Warwick.  She is also a Director of TUC Stakeholder Trustees Ltd. From 1996 to 2003 Joanne was a member of the board of Opra.  Joanne is a board member of the European Federation for Retirement Provision.

Joanne Segars was awarded an OBE for services to the pensions industry in the 2003 Queen’s Birthday Honours.

 Teresa Sienkiewicz

Teresa is Director of Pension Scheme Regulation at KPMG.  She obtained a BSc and an MA from University College London and subsequently qualified as an accountant with Price Waterhouse in 1975.

After a career break to look after her two children, she returned to work in 1982 as a lecturer at the then Kingston Polytechnic and re-entered the accountancy profession in 1985, working in the technical department of a major accounting firm.  She joined KPMG in 1994 and provides technical and regulatory guidance to the firm’s pensions audit practice.

Teresa is a past chairman of the Pensions Research Accountants Group (PRAG) and the Institute of Chartered Accountants in England and Wales’ (ICAEW) pensions sub-committee, and a trustee of one the ICAEW pension schemes.  She currently represents the ICAEW on PADA’s Scheme Management and Trustee Advisory Committee. 

Teresa lectures regularly on pension scheme training courses, both internal and external, and has participated in a number of PRAG working parties, most recently that on local authority pension schemes.

She is a Fellow of the RSA and of the RGS.

 Paul Stannard

Paul is a Solicitor who has specialised in work-based pension schemes since 1982.  He joined Travers Smith as a partner in 1989 and advises on all aspects of pensions law.  He advises on a wide variety of pension arrangements, including some of the UK's largest pension funds.

Paul has had several roles in the Association of Pension Lawyers and chaired its Legislative & Parliamentary Committee during the time of Government consultation on the Pensions Act 2004 and the new tax regime in the Finance Act 2004. 

Paul is a Fellow of the Pensions Management Institute.

 Peter Thompson

Peter is an actuary with 30 years' pensions experience. He joined BESTrustees in April 2005, after having worked at Mercer Human Resource Consulting for nearly 25 years and became a Director on 1 January 2006. During his time with Mercer, Peter worked in London, Leeds and Manchester and also set up Mercer's Investment Consulting practice in the North of England. He has dealt with pension schemes of many different sizes and in many different industries.

Peter has also been much involved with the National Association of Pension Funds (NAPF), being a member of Council from 1994 to 2005 and NAPF Chairman from 2001 to 2003. From August 2005 to March 2006 he was Interim Chief Executive of the corporate governance company RREV.

Peter is a regular speaker and chairman at conferences and seminars, including trustee and other training courses. He has also contributed on pensions to print and broadcast media, including Radio 4 Money Box and the Today programme. He is a CEDR Accredited Mediator.

 David Yeandle OBE

David is the Head of Employment Policy of EEF, the manufacturers’ organisation, which has a membership of some 6,000 manufacturing, engineering and technology-based businesses in the UK, having joined EEF in February 1995.  His main responsibilities are the development and representation of EEF's policies on employment, employee relations and pensions issues to the UK Government and European Union and advising EEF member companies on the practical implications of these policies.

He was educated at Bristol Grammar School and Emmanuel College, Cambridge, where he obtained a degree in economics, and is a Member of the Chartered Institute of Personnel and Development and a Fellow of the RSA. He is a member of the Executive Council of the Involvement and Participation Association (IPA), a member of the National Employer Advisory Board for the Reserves of the Armed Forces (NEAB), a member of the Advisory Committee of the Industrial Relations Research Unit at Warwick Business School and a member of the Advisory Board of UKWON (the UK Work Organisation Network).

In June 2008, David was awarded an OBE for services to engineering and manufacturing employers in the Queen’s Birthday Honours.

  Andrew Young

Andrew is a consulting actuary and is currently working in the Policy team at The Pensions Regulator.  He recently retired from his role at the Government Actuary’s Department, where he had worked for 37 years.  During that time he advised the UK and foreign governments on various aspects of social security and pensions policy and financing.

Before retiring Andrew worked mostly on giving actuarial advice in relation to corporate transactions at the Pensions Regulator and supporting the actuarial and policy function at the Pension Protection Fund.

In 2008, Andrew worked at the Personal Accounts Delivery Authority (PADA) where he provided advice within the section examining issues facing personal account members entering the decumulation phase.

In 2007, he led a review for government into some aspects of the Financial Assistance Scheme (the “Young Review”) aimed at improving the financial outcome of that for the pension scheme members not covered by the PPF.  In 2003-05 Andrew was seconded to the DWP to help design the PPF. 

Andrew has been a member of the Institute and Faculty of Actuaries Pensions Board and Chairman of their Technical and Research Committee.  

He was previously a past-chair of the International Actuarial Association Social Security Committee and remains a member of that committee.