NOW: Pensions appoints John Rowland as Non-Executive Director to its Commercial Board

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FOR IMMEDIATE RELEASE 09 May 2017

Workplace pensions provider NOW: Pensions has today announced the appointment of John Rowland as Non-Executive Director to its commercial board, replacing Bo Foged.

John Rowland started his career in the UK Civil Service before moving to Australia to join National Mutual Fund Management. He then spent five years in France and the UK as Chief Information Officer at AXA Investment Managers, before moving to Invesco, where he held a range of positions in the US and the UK, including Global Head of Information Technology, European COO and Global Head of Investment Operations.

John recently retired from full-time employment and is now working as a Non-Executive Director for several financial services companies.

Morten Nilsson, CEO of NOW: Pensions said: “Bo Foged has been a great support through our first phase of growth and his choice to hand over to John Rowland at this stage is well timed.

“As a senior executive with thirty years’ experience in the financial sector, John brings a wealth of experience to our commercial board.  He has held significant international executive level roles in four countries and has a proven track record of successful leadership in operations, technology, major change and regulatory compliance. We are excited to have him on board.”

John Rowland, Non-executive Director Commercial Board said: “With over a million members, NOW: Pensions has fast become an established leader in workplace pensions in a short amount of time. It is now very well positioned to grow and develop even further. I am looking forward to helping the company fulfil its potential as one of the leading pensions providers in the UK.”

NOW: Pensions Commercial Board comprises: Henrik Ramlau-Hansen, non-executive chairman; John Rowland, non-executive director; Morten Nilsson, CEO of NOW: Pensions and Troy Clutterbuck, CFO of NOW: Pensions.  The Commercial Board is responsible for the day to day running of NOW: Pensions; the people, the customers, the operations and the financials.

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For further information:

Cheriton Lee

NOW: Pensions

Tel: 0203 826 1464

cheriton.lee@nowpensions.com

 

Lauren Roberts

NOW: Pensions

Tel: 0207 566 9760

nowpensions@lansons.com

 

NOW: Pensions www.nowpensions.com @nowpensions

 

NOW: Pensions is one of the UK’s largest workplace pension providers with over a million members and tens of thousands of employers from a wide range of sectors. A subsidiary of one of Europe’s largest pension funds, Danish pension scheme ATP, NOW: Pensions entered the UK market in 2011 with a simple and cost effective workplace pension designed specifically with the auto enrolment market in mind.

 

NOW: Pensions was one of the first providers to achieve independent assurance of scheme quality in accordance with the master trust assurance framework (AAF02/07) introduced by The Pensions Regulator in conjunction with the Institute of Chartered Accountants in England and Wales (ICAEW).

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Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013
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
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
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
There is a need for a member-centric solution designed for ease of use with low costs and cutting edge investment strategy, which delivers long term stable returns. ATP's in-house investment capabilities, combined with our novel and innovative… — Lars Rohde, Governor of the National Bank of Denmark and Former CEO of ATP Group