For immediate release: 27 March 2012
NOW: Pensions today announces the appointment of Win Robbins to its Board of Trustee Directors. Ms. Robbins joins other members of the Board including Nigel Waterson (former Shadow Pensions Minister), Imelda Walsh (former Group HR Director of Sainsbury’s), Lord Monks (former General Secretary of ETUC and TUC), Christopher Daykin (the former Government Actuary) and Lars Rohde (CEO of ATP), whose role is to safeguard the interests of members of the NOW: Pensions Trust.
Nigel Waterson, Chair of Board of Trustees, NOW: Pensions, comments: “Win’s extensive background in investment management, team leadership and business development complements the experience and expertise of the other Trustees and we are delighted that she has agreed to join the Board.”
Win Robbins has had a distinguished career in investment banking and investment management, including Head of European Fixed Income, Barclays Global Investors and Credit Suisse Asset Management. She currently has a portfolio of responsibilities, including Independent Trustee, Landesbank Baden-Wuerttemberg (LBBW) UK pension fund; Board member of City Merchants High Yield Trust Plc; Chair of the Investment Committee at MaxCap LLP(a multi-family office); and Partner at The Solway Partnership Limited.
Win Robbins comments: “I am excited to be joining such a distinguished Board of Trustees, over-seeing a modern, transparent, cost efficient and high-performing pension fund. The risk management and diversified growth fund are state of the art and I firmly believe in NOW: Pensions’ principle that everyone deserves the right to a better retirement. I look forward to being part of the team which aims to achieve this in the UK.”
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For further information:
Shirley Hatherton / Jennifer Stevens / Pippa Gibb
Tel: +44 207 294 3615 / +44 207 566 9723 / +44 207 294 3690
Notes for editors:
Win Robbins – current Positions:
- January 2011 to date: Independent Trustee, Landesbank Baden-Wuerttemberg (LBBW) UK pension fund
- March 2009 to date: Board member, City Merchants High Yield Trust Plc, a London listed
High Yield Bond Investment Trust
- January 2009 to date: Member of the Investment Committee at MaxCap LLP(a multi-family office). Since Jan 2011 took over Chair
- June 2008 to date: Partner, The Solway Partnership Limited
Win Robbins – previous experience:
- March 2006 –June 2008: M.D. Head of European Fixed Income, Barclays Global Investors
- November 2004 – Jan 2006: M.D. Head of non-US Fixed Income Citigroup Asset Management
- July 2001 – September 2004: M.D. Head of European Fixed Income Credit Suisse Asset Management
- January 1994 – July 2001: Director. Investment Manager, responsible for a variety of investment portfolios aggregating in excess of £10 billion
- Prior experience as Head of Syndicate and as Securities Trader in Investment Banking, including two years spent in Tokyo.
NOW: Pensions is a new multi employer trust, which has been operational from 1 January 2012. The investments are managed by NOW: Pensions Investments, a subsidiary of ATP inDenmarkand the administration is carried out by Paymaster, an establishedUKthird party administrator.
The NOW: Pension Trustee Directors, whose role is to safeguard the interests of members, comprises well-known industry figures with different areas of expertise:
- Nigel Waterson, former Shadow Pensions Minister
- Imelda Walsh, former Group HR Director of Sainsbury’s
- John Monks, member of House of Lords and former General Secretary of ETUC and TUC
- Christopher Daykin, former Government Actuary
- Lars Rohde, CEO of ATP Group
- Win Robbins, former Head of European Fixed Income at Barclays Global Investors
NOW: Pensions is committed to developing a better workplace pensions provision in the UK by offering a simple, systematically risk managed, cost efficient and high performance pension product that delivers better retirement savings for UK employees. With over 45 years experience providing Denmark’s working population with stable and consistent pensions returns, NOW: Pensions is set to transfer the knowledge acquired in Denmark to the UK pension market ready for auto-enrolment in 2012, charging 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.
The ATP Group
Arbejdsmarkedets Tillaegspension (ATP) / Danish Labour Market Supplementary Pension is a statutory pension fund. It was established as an independent entity in 1964 with the objective of ensuring a greater retirement income for the Danish population. ATP has since developed to become the largest pension fund inDenmark. Together with the tax-financed basic state pension, ATP provides basic income security in old age for the Danish population.
ATP covers almost the entire Danish population representing 4.7 million members and 160,000 employers. In addition to the ATP Scheme, the ATP Group administers a number of pension and social insurance schemes, including several for the Danish state.
The ATP Group assets amounted to approximately DKK 579 billion (GBP 65bn) and DKK 74 billion (GBP 8.3bn) reserves at 31 December 2011. ATP invests in a wide variety of assets globally. Investment categories are broadly: equities, interest rates, credit, inflation and commodities.