The former Labour politician, who was UK Shadow Pensions Minister 2011-15, joins at a pivotal time for pensions, with all sides of politics committed to a greater role for pension funds in supporting UK economic growth.
McClymont is currently an Executive Director at IFM Investors, the top five infrastructure investment manager created and owned by 17 Australian pension funds. He joined IFM from the People’s Partnership, where he was Group Director of Policy and External Affairs.
McClymont also spent three years as Head of Retirement at Aberdeen Asset Management after leaving Parliament. Before entering politics, he was a Tutorial Fellow at St Hugh’s College, Oxford.
McClymont will join the Board following the PLSA’s October annual general meeting. He served previously on the PLSA’s Policy Board, when he also chaired the PLSA’s Master Trust Committee. His NED experience includes previous roles at the PLSA’s Pensions Quality Mark (PQM), TISA and the Pensions Scholarship Trust.
Emma Douglas, Chair of the PLSA, said: “I am pleased to welcome Gregg back to the PLSA. His experience as a former Shadow Pensions Minister, and in senior policy forming roles in the pensions and investment industry, strengthens an already formidable PLSA Board. Throughout his career he has been a prominent campaigner for improved pension outcomes and an advocate for public policy that helps everyone achieve a better income in retirement.”
Julian Mund, Chief Executive, PLSA said: “Gregg is an ideal fit for the PLSA, bringing with him senior parliamentary and industry experience and, in his current role with IFM Investors, a track record of supporting pension funds to invest in productive finance assets globally. His skillset will significantly boost the policy and advocacy work of the PLSA and help us achieve our goals beyond the General Election. I look forward to welcoming him to the Board.”
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