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A deep-dive into a variety of pension topics to help you understand and learn more about your pension and the Scheme.
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Mark is one of 16 Trustee Directors, who sit on the Board and help to look after your interests as a member of the railways pensions schemes.
He brings a wealth of experience to this role, thanks to a career that extends over 28 years.
Being a Trustee Director involves a lot of reading and keeping informed on matters relating to the running of schemes: whether that’s digesting information in Board papers, Committee papers, emails or advisory updates. I attend meetings and ensure I contribute to the best of my ability to get the right outcomes for our members.
I love to help members understand the complex world of pensions: to give them that lightbulb moment when they understand what it all means and why it’s so important.
The role is really varied: from talking to members about their pensions in Wiltshire to attending investment meetings in London; from discussing an individual’s ill-health benefits to keeping informed on legislative changes via a virtual meeting.
I’m most proud of being there for members and supporting them wherever possible. And, I’m proud to be part of a Trustee Board – supported by Railpen – that strives to do all it can for its members.
Within Railpen, there is lots of support from the Trustee Governance team.
On top of formal support, I’d always encourage newer Trustee Directors to be proactive and develop through industry networking. You can learn so much at pensions and Trustee events.
Being a Trustee Director is a great development opportunity for individuals from all types of backgrounds.
Don’t dismiss the opportunity because you’re concerned you don’t ‘get it’ all straight away. Part of being a Trustee Director is continually learning and there’s so much support on hand.
It’s such a worthwhile experience both for an individual and their employer. A brilliant way to advance professionally and be exposed to exciting, varied activities. Most of all, the satisfaction you get from helping members is incomparable.
It’s a big commitment but do I have any regrets? No, I absolutely love it!
Do you see yourself as a Trustee Director? Speak to your Employer Representatives for more information.
You can learn more about the role and responsibilities of The Trustee on our dedicated Trustee page.
*Mark Engelbretson left the Trustee Board on 30 November 2023.
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