By Muskan Arora
The $47bn National Employment Savings Trust
appointed Mark Rowlands as the head of retirement.
In this role, Rowlands will be building “the
best-in-class holistic retirement solution” for the NEST’s retirement plan
members, as per a statement on LinkedIn.
Rowlands will be working on the fund’s
reform to its decumulation practices, which were first recommended early this
year.
He will also be leading a team of
investments, customer experience and operations specialists in this role. The
team will work towards introducing NEST Blueprint, which will integrate
morality pooling into the investment design. This will assist to increase
income levels through retirement.
“Working together we will develop a
retirement proposition which will deliver the best products,
services, communications, tools and links to third parties for Nest
members,” said Rowlands in his LinkedIn post.
Prior to this role, he served as a director
of customer engagement at NEST. He joined the role in 2017.
Before joining NEST, he served as the head of DC serves at Mercer for almost four years.
