Master Trust - board members

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Your confidence is well placed in your Master Trust board. They’ve been handpicked to oversee the Aegon Master Trust (AMT). The board members are hugely experienced and totally committed. 

With years of industry experience and sharp financial knowhow between them, the board know just what it takes to run a compliant and successful Master Trust. And, of course, they act in the best interests of the employers and scheme members at all times. If it matters to you – it matters to them.

The Master Trust board takes care of all the governance, making sure the Scheme readily complies with regulations. Leaving you free to focus on what really matters to you.

Meet the trustees

Here’s a brief introduction to our board of Trustees. Discover who they are, why they’re a valuable member of our board and what makes them tick.

Ian Pittaway
non-affiliated trustee and Chair of the Aegon Master Trust board

Ian Pittaway Profile

Ian is the Senior Partner of Sacker & Partners. He acts as a legal adviser for several pension schemes. As an independent chairman of several pension funds, he has extensive experience of the issues faced by trustee boards.

In Ian’s own words:

The best part about being a trustee is we can make a real difference for each of our many members. We are constantly striving to ensure that what the AMT does is top quality, whether that is the effective investment of the members’ funds or the support and guidance members receive from the point they join to their retirement and beyond. And we don’t sit on our laurels as we are always trying to make things better for our members - it is really satisfying when we can introduce an improvement which adds more value.

An interesting thing about me is that I am passionate about social mobility - I formed an alumni association at my old school, a comprehensive in an underprivileged bit of London, which now has 1500 ex pupils, all actively helping the current pupils do well in their future careers and lives.

In my spare time I swim and walk a lot - and watch my beloved West Ham lose more often than not.

Alison Bostock
non-affiliated trustee

Alison Bostock

Alison is an actuary and has worked in pensions since 1990, advising trustees and sponsors of defined benefit and defined contribution schemes for 25 years before becoming a full time trustee as a director of PTL Governance Limited. Alison has an in depth knowledge of the legal framework and regulatory requirements for defined contribution schemes.

In Alison’s own words:

Being a trustee on the AMT Board matters to me because I believe master trusts are a great way for employers to provide valuable pensions to their staff in a cost-effective way and I enjoy the challenge of making the Aegon Master Trust as good as it possibly can be for our members.

One interesting fact about me is that when I was at school, I had the opportunity to be a ball girl at the Queen’s Club tennis championships, which were sponsored by Aegon some years later. I can tell you that it’s more difficult than it looks!

In my spare time, I can be found singing in two very different environments. I sing with several choirs, usually large scale classical works, and my favourite piece to sing is Mozart’s Requiem. Less tunefully, as a football fan I’ll join in with the crowd at Spurs home games, where I’ve had a season ticket for over 25 years. I also enjoy reading fiction and will happily read a book from start to finish in a day when I get the chance.

Allan Whalley
non-affiliated trustee

Allan Whalley Profile

Allan has more than 30 years' experience in pensions and benefits provision. He has held a range of senior roles in pension governance with a number of global businesses.

Ronnie Taylor
Chief Distribution Officer, Aegon UK

Ronnie Taylor Profile

Ronnie is an actuary with over thirty years’ experience in the workplace savings market. He has previously led the workplace businesses at both Standard Life and Scottish Widows. Ronnie is extremely well-connected in the market and is recognised as a leading figure in the industry. 

His particular area of focus is making sure the Aegon Master Trust has market-leading communications and engaging material that drives good member outcomes. 

In Ronnie’s own words:

I feel very privileged to be a trustee of the Aegon Master Trust as it gives me the opportunity to help our tens of thousands of members have the best retirement they can.

The role carries huge responsibility to make sure members’ interests are front and centre - so that their savings are always safe and we’re continually delivering value for money.

My particular area of focus is member education, communication and engagement.  I work hard to make sure, as far as possible, we deliver a personalised retirement journey for all our members that they can fully understand and participate in.

I’m also one of Aegon’s Inclusion and Diversity Executive advocates, I feel strongly that everyone should have a fair chance to succeed - both in business and personally.

Outside of work I love playing golf, watching football and spending quality time with the family.

Phil Tervit
Finance Director, Aegon UK

Phil Tervit Profile

Phil is an actuary and has been with Aegon for nine years, giving him a detailed understanding of the business, holding several roles in driving forward its strategic change. Phil has held many senior risk roles, including Chief Risk Officer for a subsidiary insurer.

His particular area of focus on the Master Trust Board is ensuring that we have robust governance in place, sound investment offerings and financial security.

In Phil’s own words:

I joined the trustee Board to the Aegon Master Trust in late 2018, at a key stage of the authorisation application and subsequent approval. I am the Finance Director of Reporting & Analysis at Aegon UK and have held several key roles during my nine years with the Company including Chief Risk Officer for a subsidiary insurer.

I’m passionate about helping members to achieve financial security in later life and making sure we have robust governance in place to support that.

I love travelling the world with my family and having a sustainable environment is important to me. I try to combine both by travelling sustainably and supporting local initiatives wherever we go. A recent favourite was travelling off the beaten track by bus in Sri Lanka with my wife and our 3 under 7s for a week, then staying in a local guest house. Some of the best food I have ever had was purchased in roadside cafes (shacks) along the way. I like to think this opens our children’s minds to a wider world.

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