Could you be our next Member-Nominated Trustee Director?

30 November 2021

We’re looking to appoint a new Member-Nominated Trustee Director (MNTD) to join the Trustee Board of the M&S Pension Trust Limited.

The Board is made up of nine Trustee Directors and is completely independent from M&S. Trustee Directors are responsible for the management of the Scheme in line with the Scheme Rules and legislation. They must act prudently, responsibly, honestly and impartially, and always in the best interests of members.

They will make decisions across all aspects of managing the Scheme, from monitoring the administration service provided to members to making sure pensions are paid correctly and on time.

Although the role of a Trustee Director is challenging, it is a valuable opportunity to play an active role in managing one of the largest pension schemes in the UK, whilst developing skills and broadening knowledge in a number of different areas.

Who should apply?

All members of the Scheme can apply for this role, except those who are receiving a spouse or dependant’s pension. You do not need any prior experience as a trustee and you are not required to have a background in finance or pensions.

But it’s advantageous if you’ve been part of a decision-making group and have some experience of HR policies and procedures, communications, business management or investments. Successful MNTDs should have an interest in pension issues and be able to commit a significant amount of their time to developing their knowledge, reading meeting papers and attending meetings. If you feel you could serve in the best interests of your fellow members, then you could be exactly what the Trustee is looking for.

How do I apply?

The vacancy will become available from 1 April 2022. It takes a few months to select a new MNTD, whilst we review applications and invite successful candidates for interviews.

You can find more information and an application form here.

Once you’ve completed the form, you need to submit it by 31 January 2022. If your application has been successful, the Selection Panel will be in touch to arrange an interview in February 2022. This is an exciting opportunity to become actively involved in the running of your Scheme.

This is an exciting opportunity to become actively involved in the running of your Scheme.

We look forward to receiving your applications!

 

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