Aegon promotes Kate Smith to head of master trust

Follows acquisition of BlackRock's DC platform

James Phillips
clock • 2 min read

Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.

Smith, who was head of pensions, is now responsible for the developing the provider's master trust proposition, including supporting its application to The Pensions Regulator (TPR) for authorisation. Aegon acquired BlackRock's £15bn DC platform and administration business earlier this year, bringing its assets under administration to around £38bn. Smith - who was named Woman of the Year: Retirement at last week's Women in Financial Advice Awards - said: "It's an exciting time for workplace pensions and, to ensure they continue to thrive, we as providers must keep raising our game, sup...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Retirement

Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read
Baillie Gifford: Enjoying later life without an income from work

Baillie Gifford: Enjoying later life without an income from work

The latest from PA’ Digital Working Lunch webinar series

Professional Adviser
clock 12 December 2023 • 2 min read