The Trustees of the National Pension Trust are independent, professional and selected both for their wide experience in supporting schemes over many years – and their individual complementary skill sets.

Ian Davies – Chair of Trustees is a Consultant at Eversheds-Sutherland and owner director of Hudson Trustees Limited. He has over 30 years' pension experience and is a member of the Association of Pension Lawyers, the Association of Member Directed Pension Schemes and a former Chairman of his local NAPF. Ian is a Trustee to DB and DC pension schemes, including a number of master trusts.

Michael Brown – Trustee, is Principal at Portsoken Consultancy Limited and has over 45 years' pensions experience and was previously Director of Business Risk and Compliance for Independent Trustee Services Limited.  He has been Trustee to several large schemes.

Gurmukh Hayre – Trustee is a Director of Grove Trustee Services Limited.  An experienced ex-KPMG partner, who specialises in all areas of pensions including, governance, risk management, investment, administration and communication. Gurmukh has been advising employers, trustee boards and governance committees on defined benefit, defined contribution and associated benefit schemes for over 28 years.

Joanne Powell – Trustee, has extensive Pension, HR and employee engagement knowledge. She has served as a Trustee on a number of DB and DC pension schemes, notably heading up Administration and Communications Sub-Committees.  A Fellow of the Chartered Institute of Personnel and Development, Joanne has held a number of senior HR roles, including the UK & Ireland HR Director for a multi-national IT organisation.

Gerald Wellesley – Trustee is a Client Director at Punter Southall Governances Services Limited. He has over 30 years’ experience in the finance industry including 13 years as pension trustee in both DB and DC arenas where he has gained experience across a broad range of strategic and routine scheme management matters. Gerald’s particular interests are in the areas of investment, covenant and effective communication - especially in DC. 



Mastertrust Assurance Framework (MAF).  We have obtained the Mastertrust Assurance Framework (MAF) accreditation. This demonstrates that your scheme has been subject to an independent review of the design and effective operation of its governance and administration practices against a defined set of control objectives (as set out in AAF 02/07) and as agreed by The Pensions Regulator.


This has become a quality standard for mastertrusts, and requires the appointment of an independent audit firm (in our case, RSM) to assess the strength of controls and processes that sit around scheme design and delivery.

Pension Quality Mark (PQM) Ready. This kitemark is supported by the PLSA and means that the National Pension Trust has been assessed for the strength of its governance and member communications and fast tracks any adhering employers scheme through the PQM process (provided their scheme contributions meet minimum requirements).

Retirement Quality Mark (RQM). This is an additional independent industry accreditation awarded by the PLSA.  Like PQM for accumulation schemes, it assesses the quality of a scheme offering member support in decumulation.  
We are delighted that NPT is one of only 3 UK DC schemes to have been awarded the RQM! 

Investors in People. XPS Administration, who provide administration and consulting services to the Trust, has been awarded silver level accreditation by Investors in People - the international standard for people management.

Meet the Team

Paul Armitage is Head of National Pension Trust and has overall responsibility for market strategy, business planning, operational delivery and has a role as Scheme Strategist. He has a background in supporting mid and large sized DC clients with scheme design and member services, previously leading national consulting teams for HSBC and JLT.

Simon Hazeldine is the National Business Development Manager for the National Pension Trust, responsible for its development across all regions and maintaining its profile amongst our key target areas, including employee benefit consultancies and industry bodies. Simon has worked as a Director and Consultant at a number of major UK employee benefit consultancies, with over 30 years’ experience of providing guidance on both pension and employee benefit matters.

Geoff Clarke is a Director, Head of XPS's Belfast office and DC specialist for Scotland and Northern Ireland. He is a Fellow of the Personal Finance Society and a Chartered Financial Planner, with 24 years of professional experience.

Key Partners


Our investment range has been created to meet the needs of our members, and is based on our many years of experience in DC design – providing appropriate choice whilst not looking to overwhelm or confuse.  There are three different paths for members to take...

Help me choose

For those who prefer not to choose individual funds but still want some input to investments, there are five risk-based growth strategies to choose from, plus seven income alignment strategies to target different outcomes five or three years from retirement.

I can do it

This gives the member full control, selecting from any of the 19 funds.  These are all white-labelled, combining the skills of leading fund managers and allowing the Trustees to change managers without member involvement when the investment environment changes.

Life Stage strategy

If members are uncomfortable making an investment decision, they can remain in the Life Stage strategy (the Trust’s default investment), which automatically shifts investments to reduce volatility as they approach retirement. 

Supporting Members

Our web portal has been designed to provide an engaging experience for Trust members. It provides information which is easy to understand and through interactivity with tools and modellers, we have created a user experience which should aid understanding.

We also recognise, at times, people need to talk to someone about their options, to aid understanding.  Our trained specialists, based in our Reading office, are available on the phone, or via email, to help members with their questions.

Modelling Outcomes

Supporting decisions