NOW: Pensions appoints Troy Clutterbuck as CFO

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For immediate release: Monday 22 August 2016

Workplace pensions provider NOW: Pensions announced today the appointment of Troy Clutterbuck as Chief Financial Officer.

Clutterbuck joins NOW: Pensions from Jardine Lloyd Thompson Group where, during a 15 year career with the firm, he held a number of key roles including CFO UK Employee Benefits and, most recently, Commercial Director, Latin America and Canada.

At NOW: Pensions Clutterbuck will head the finance function with additional responsibility for the HR, legal, compliance and governance teams. He will also join NOW: Pensions’ Commercial Board.

Morten Nilsson, CEO of NOW: Pensions said: “Troy has extensive experience working in entrepreneurial, fast growing businesses and has a strong understanding of financial services and employee benefits. He’ll be a great asset to our team and Commercial Board.”

Troy Clutterbuck commented: “From a standing start, NOW: Pensions is now one of the largest auto enrolment providers in the UK. In a short space of time, it’s achieved a huge amount and I look forward to supporting the company in its next phase of growth.”


For further information:

Amy Mankelow
NOW: Pensions
Tel: 0203 640 9075

Notes to editors

A photograph of Troy is available on request.

NOW: Pensions @nowpensions

NOW: Pensions is an independent, multi-employer trust serving thousands of employers and hundreds of thousands of employees from a wide range of sectors.

A subsidiary of one of Europe’s largest pension funds, Danish pension scheme ATP, NOW: Pensions offers a simple and cost effective workplace pension solution direct to employers and via advisers and the payroll sector.

In April 2013, NOW: Pensions became the first master trust to attain the NAPF’s new PQM Ready Standard. The benchmark shows employers that NOW: Pensions is a well governed pension scheme with low charges and good member communications.

In January 2015, NOW: Pensions achieved independent assurance of scheme quality in accordance with the new master trust assurance framework (AAF02/07) introduced by The Pensions Regulator (TPR) in conjunction with the Institute of Chartered Accountants in England and Wales (ICAEW).

The NOW: Pension Trustee Directors, whose role is to safeguard the interests of members, comprises well-known industry figures with different areas of expertise:

  • Jocelyn Blackwell, founding partner Dunnett Shaw
  • Christopher Daykin, former Government Actuary
  • John Monks, member of House of Lords and former General Secretary of ETUC and TUC
  • Win Robbins, former Head of European Fixed Income at Barclays Global Investors
  • Nigel Waterson, former Shadow Pensions Minister

Employee charges are just £1.50 per month administration charge (reduced administration charge of £0.30 – £1.00 to be applied during auto enrolment phasing for lower earners) plus a 0.3% annual product investment management charge, with no hidden charges.

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NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods,