Our Governance

NOW: Pensions is a multi employer trust serving tens of thousands of employers and over a million employees from a wide range of sectors.

A company wholly owned by Danish pension scheme ATP, one of Europe’s largest pension funds, NOW: Pensions offers a simple and cost effective workplace pension designed specifically with the auto enrolment market in mind. The master trust structure enables employers of all sizes to benefit from independent governance without incurring the costs normally associated with establishing and running a single employer trust based scheme.

NOW: Pensions works with independent financial advisers and the payroll sector to help serve their clients as well as supporting employers directly.

NOW: Pensions has two boards: a Trustee Board and a Commercial Board.

The NOW: Pensions Trustee Board’s sole responsibility is to ensure that the scheme is run in the best interests of the members at all times. It is an independent body comprised of very experienced individuals with relevant backgrounds and credentials. The Trustee Board oversees decisions on crucial issues such as investment strategy, charges, pension administration and overall risk framework. To download the Policy on Social Responsibility in Investments click here.

The Commercial Board is concerned with the day to day running of NOW: Pensions; the people, the customers, the operations and the financials.

Over a short period of time, NOW: Pensions has established itself as a respected and credible player in the UK workplace pensions market attracting thousands of employers and hundreds of thousands of members. Joining the team at such a crucial time… — Jocelyn Blackwell, Founder of Dunnett Shaw and Raising Standards in Pensions Administration
I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
I'm excited by the opportunity to help bring to the UK auto-enrolment market NOW: Pensions, a customer-friendly and responsive trust-based alternative to NEST and to contract-based offerings. — Chris Daykin, the former Government Actuary
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary