The National Association of Pensions Funds has today announced the chairs of its two new policy-making councils.
Robert Brown of global professional services firm Towers Watson has been elected chair of the Defined Benefit Council and Lesley Williams of Whitbread, the UK's largest hospitality company, will chair the Defined Contribution Council.
The NAPF decided last year to revamp the council structure, scrappingthe Retirement Policy Council and Investment Policy Council, to better reflect the pensions industry and create a clearer focus on defined contribution pensions in its policy work.
Brown is a senior investment consultant and chair of Towers Watson's global investment committee, which is responsible for the firm's capital market assumptions and views. Williams is group pensions director at Whitbread, responsible for corporate pensions strategy and the operation of the pension fund and its investments. Both take up their new positions at the NAPF AGM on October 18 2013.
Brown said he looked forward to serving the industry 'at a time when the range and complexity of challenges facing pension funds has never been greater'.
Williams said: 'Auto-enrolment is a massive change that will create millions of new savers, so we need to get DC right.'
