I’m pleased that we are back talking pensions with Steve Delo. Steve is part of a backbone of trustees who have come through the Sedgwick Noble Lowndes school of corporate pensions and you know what you’re getting with Steve and his mates. I’m pleased that Steve shared his love of boxing – I will be listening tonight.

You can listen to Steve and the team for 80 minutes though I suspect the fight will be shorter and more violent.

Steve’s firm got bought out by Mercer, he went to Escher which became Close, a provider of AVCs (mainly). He developed Pan Trustees and became chair of trustees of Britain’s second larges workplace pension – People’s. Along the way he was President of the PMI. This makes him a benchmark for an industry career, if we consider “industry” the business of delivering corporate pensions or more lately corporate savings plans.

This session suggests a man at peace with how that career went and is going. Pan are well respected and independent, a group mainly consisting of those who grew up in that SNL environment.

Let us not underestimate that value of this steadiness nor the self-confidence of not getting it wrong over the best part of 40 years.

Steve Delo

It’s useful to listen to Steve and make your mind up. Is he the benchmark for trusteeship for VFM from a trustee?