New Member Nominated Directors (MND)
We are delighted to announce that, following the nomination exercise for the position of Member Nominated Director on the Trustee Board of Vodafone UK Defined Contribution Pension Plan, the vacancy has now been filled. In addition, the Trustee took a decision to appoint an additional Member Nominated Director, taking the current total Member Nominated Directors on the Board to three (with seven Trustee Directors in total). We would therefore like to welcome two new Member Nominated Directors, Heather Simons and David Jeal, to the Trustee Board.
Heather Simons said: “My generation faces many financial uncertainties and is an ever growing proportion of Vodafone’s DC Plan. I look forward to representing this growing group as a Trustee Director of the DC Plan and to empowering them to make decisions about their financial future.”
David Jeal said: “For the last five years I’ve been a Trustee Director of Vodafone’s DB pension scheme. I look forward to using this experience, as well as my IT background, to help drive increased member interaction with the DC Plan to help members plan better for retirement".
Changes to the minimum contribution rate
Find out more about the increase to the minimum contribution rate that is coming into force from April 2019.