For the last decade Alan has been an active and independent problem solver, and implementer, for pension service providers and employers wanting to improve their pensions and pensions investment propositions. To this end, he has been delivering improvement and change for companies across the sector. However, he is also a champion of financial well being, of which pension provision is a part, and the use of smart technologies (eg open data and artificial intelligence) as tools to equip everyone with their personal financial world, as they want it, on their phone.
Previously Alan was Pensions Manager at two of the largest private sector DB pension schemes of their time (Associated British Foods and Marks and Spencer) but identifying in the early 1990’s that DB schemes were unsustainable at realistic costs for private and public sector companies, and that employees were attracted to DC pensions for their transparency, ownership and transferability, even when they understood the relative long term financial differences in value between them, he joined Fidelity as they were beginning to introduce DC into the UK. Here he helped set up the business and led the client management and development structure and helped grow Fidelity’s business and governance credentials while representing the company in the trustee boardrooms across the UK and beyond.
He has worked in virtually every part of the corporate or workplace pensions sector and been close to the customers of the many propositions he has been associated with in order to improve customer experience and corporate efficiency throughout the product and proposition delivery chain. In voluntary work he has provided practical help to pension scheme members who were victims of the Maxwell company pension schemes collapse and was a member of the original TPAS volunteer force supporting members of any pension scheme to understand, or get redress, when failed in some way by their scheme. He has been a member of both the Manufacturing Industry and the Retail Industry Pension Managers Groups and of the PRAG (pension accountants research group) initiative, the Pension Administration Large Schemes Survey, a body examining operational efficiency, effectiveness, and unit costs amongst some of the UKs largest pension schemes.
Alan invites you to check out his profile on LinkedIn and connect at www.linkedin.com/in/alansalamon