John Stevenson
Board Trustee at NEXT PENSION TRUSTEES LIMITED- Claim this Profile
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Bio
Experience
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NEXT PENSION TRUSTEES LIMITED
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1 - 100 Employee
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Board Trustee
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Aug 2018 - Present
Acting Chair of the Audit and Risk Committee and the Benefits & Administration Committee, managing c£1b corporate assets. Originated the concept and terms of reference for the committee bodies in line with the corporate function of the business. Restricted the company’s financial liabilities and secured the company pension scheme. Acting Chair of the Audit and Risk Committee and the Benefits & Administration Committee, managing c£1b corporate assets. Originated the concept and terms of reference for the committee bodies in line with the corporate function of the business. Restricted the company’s financial liabilities and secured the company pension scheme.
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Pensions & Lifetime Savings Association (formerly NAPF)
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Leics, Notts, Derbyshire, Northants, Lincs
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Chairman of East Midlands Regional Group
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Jan 2005 - Present
Responsible for the organisation of events around East Midlands, introducing speakers and leading discussions after each session. Leading the Local Groups Liaison Committee as Chair to provide essential feedback to the PLSA on current local issues. Responsible for the organisation of events around East Midlands, introducing speakers and leading discussions after each session. Leading the Local Groups Liaison Committee as Chair to provide essential feedback to the PLSA on current local issues.
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Next
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United Kingdom
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Retail
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700 & Above Employee
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Group Pensions Manager
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Jun 1987 - Jul 2018
Vast majority of my career has been devoted to this organisation. Throughout my time at Next I have has been the architect behind the company’s most significant pension remodelling projects, having navigated the enterprise through periods of accelerated growth and legislative change. Currently the company employs approximately 50,000 staff and exceeds £4,200 million in sales. Between 1987 and 1991 I merged 6 varying pension plans into one comprehensive solution for newly acquired businesses. Designed a Defined Contribution plan following the decision to close the Defined Benefit scheme. • Introduced an alternative to ‘Final Salary’ within the Defined Benefit scheme. o Ensuring that the scheme could remain open to employees. o Limiting the company’s exposure to ongoing costs Established a money-purchase supplemental scheme to compensate for future salary increases being excluded from pension accrual. Oversaw the introduction and implementation of the Automatic Enrolment scheme in 2012. • Conducted due diligence by reassessing the entire staff force for eligibility. • Instrumental in the appointment of new Pension Provider. • Reorganised the existing scheme to accommodate the implementation. • Spearheaded the integration process. Show less
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