Meet the women who rule pensions

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Financial Times 6d ago

Meet the women who rule pensions - Financial Times

Quick Summary:

A report by the Official Monetary and Financial Institutions Forum last year found that the rise of women in pensions is having a snowball effect.

The UK’s largest pension fund, one of its biggest managers of local government pension assets, its pensions lifeboat and the investment strategy of its largest defined contribution “master trust” are all run by women.

For Michelle Ostermann, who was appointed chief executive of the Pension Protection Fund, the UK’s pensions lifeboat, last April, the sense of purpose was the clincher, and the prospect of giving back as part of an industry with “significant social benefits” in the latter stage of her career.“It’s very rewarding to me being able to apply my craft with such tangible benefits,” she said.