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...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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