Who’s who at TISA

Tony Stenning, Interim Chairman of TISA has been a non-executive director of TISA since 2014, becoming Deputy Chairman in September 2016. Tony is also chair of “The TISA Strategy Group” (previously “The Savings and Investment Policy Project”) – an unprecedented collation of 50 leading firms (representing asset management, financial advice, stock broking, wealth management, banks and life companies), trade bodies and important consumer groups. This group aims to develop strategic proposals for a Savings and Investments policy with the interests of UK families firmly rooted at their heart.

Early in 2017 Tony was asked to become a member of an advisory group to the government to help create a culture of social impact investing in the UK. This group was formed at the request of the Minster for Civil Society and the Economic Secretary to the Treasury. Tony chaired the Advice and Distribution workgroup, one of three workgroups in the project. Recommendations were made to the Government in the Autumn of 2017. Tony subsequently joined the Implementation Taskforce formed to implement the recommendations.

Until December 2016, Tony was a Managing Director at BlackRock where he spent 17 years in various senior positions, most recently as Head of Retirement and Defined Contribution in EMEA where he was responsible for driving the firm’s vision and strategy in the region on individual retirement. Prior to this Tony led the firm’s UK Retail business between 2009 and 2015. He was also a member of the Leadership Committee and was CEO of BlackRock Fund Managers Limited. Tony plays an active role with a number of industry bodies, frequently engaging with regulatory authorities and government on a range of industry issues / initiatives. Tony is also a regular speaker on various industry topics.

Prior to joining BlackRock, Tony spent several years in private client fund management with a particular focus upon collective investment schemes. Mr Stenning holds a BA (Hons) in Economics and is also a Fellow of the Chartered Institute for Securities & Investment. Tony is married with three daughters and spends much of his spare time watching them significantly eclipse his own sporting achievements.

David Dalton-Brown has led the TISA team since January 2015, prior to which he served for three years on the TISA Board.

David is also an NED at Aegon UK, Cofunds, Scottish Equitable and Chairman of Aegon investments – joining the Board of Aegon UK to support the business as it transitioned from a traditional L&P business to a modern, digital platform business. In addition to his NED positions at Aegon, David is also an NED on a number of Lexis Nexis businesses.

During his career, David has held a number of key positions including Head of Fidelity FundsNetwork platform and Retail Business; Head of Barclays Retail Investment Businesses; External Board Director on Barclays Investment Boards; Partner at KPMG and EY; Head of the Exchange and senior Business Development, IT and e-commerce executive roles at Norwich Union and Prudential.

Carol is Chief Operations Officer and Company Secretary. Carol has been in financial services since 1998, having previously worked in variety of industries, including education, local government, Civil Service and the gaming industry.

A qualified and experienced teacher Carol gained her degree at King Alfred’s College in Winchester and taught in Romsey, Hampshire. She then spent 7 years at Skandia, managing the PEP & ISA new business and transfers department.

Carol joined TISA in 2004 and has been responsible for the day-to-day running of the Association’s administration centre, technical support, member communications, expanding the events and training programme and technical issues in the cash savings sector. In 2009, she also took on the role of Company Secretary. Carol joined the TISA Board as Operations Director in July 2011, extending her responsibilities to include finance. This was swiftly followed by taking a position as Executive Director for TISA Exchange.

In August 2015, Carol became Chief Operations Officer for TISA, supporting the Director General with the general running of the company and with personal responsibilities for Children’s Financial Education, internal administration, HR and finance together with acting as TISA spokesman for the media and at functions.

Carol is also a Director for both TeX (the contract club managing the legal structure supporting electronic messaging for transfers) and CT Holdings & Services Ltd (which operates under the brand of STAR where TeX and Criterion are working in collaboration to deliver the Service Level Agreements recommended by the Transfers & Re-registration Industry Group tasked by FCA to improve transfer times).

Julian is Managing Director and Business Unit Leader, Compliance & Regulatory Consulting at Duff & Phelps, a global valuation and corporate finance advisor with expertise in compliance and regulatory consulting, complex valuation, dispute and legal management consulting, mergers and acquisitions and restructuring. Julian has worked in the financial services industry for over 35 years.

He co-founded Kinetic Partners in 2005 and prior to that, was head of the financial services consultancy practice within RSM Robson Rhodes.

His main areas of expertise are in the specification of accounting, management information and control systems, organisation structures and reporting pathways for financial institutions to ensure compliance with relevant regulation and best practice.

Julian has pioneered the integration of compliance culture into the heart of organisations. His extensive knowledge of compliance and business processes in a wide range of financial services institutions include: retail and investment banking, investment management and regulated and unregulated funds, wealth management, and stockbroking.

John has been involved with The Tax Incentivised Savings Association (TISA) since its inception as PEPMA in 1991, initially serving on the Advisory Council and subsequently on the Board. John became Chairman of PIMA in September 2000 and continued in the role with the launch of TISA in July 2007. After 12 years as Chairman John stood down at the end of June 2012 but remains on the TISA board.

John was Head of New Business at BNP Paribas Fund Services UK Ltd (formerly Cogent Investment Operations) prior to his retirement in June 2003 and is currently working as a consultant in the financial services industry. John maintains a professional interest in all forms of investment management and administration.

Divisional Director Financial Planning, Protection & Investments

Larry was appointed as Divisional Director for Financial Planning, Protection & Investments in September 2015 having led the Branch Network North as DD for the previous 4 years. Prior roles include Head of Group Telephony, Head of Sales for Nationwide Direct, Head of Mortgages, Marketing Director and Managing Director of Specialist Lending (The Mortgage Works) as well as Area and Regional roles within the Branch Network including Wealth Management.

Larry has responsibility for Nationwide’s entire P&I operation, including Product, IT, Risk, Transformation and Distribution via c300 Financial Planning Managers located within the network and in Nationwide-Now (Nationwide’s video conferencing full advice service).

Larry has also just joined the board of TISA as a Non-Exec director having previously been a NED of Mortgage Brain and The Mortgage Trading Exchange for nine years until 2013.

Twitter: @TheLarryBanda Linked in: Larry Banda

Elissa started in the City in 1972, having trained at Joseph Sebag and became a member of the private client department, managing portfolios for customers of the clearing banks. She moved firms, ending up at Savory Milln, which was taken over three times, eventually by The Swiss Bank.

She was appointed Head of the Private Client Department and became a member of the Stock Exchange in 1980 and was one of the first female directors of the Swiss Bank Corporation.

She now looks after private clients, trusts, small pension funds and charities, having moved to Gerrard Vivien Gray in 1999 and became Head of Private Clients and a main Board Director of GVG. The private client department numbered over 100 people and the firm went through a number of take-overs and in the late 1990s Gerrard’s merged with Greig Middleton which then became Old Mutual and finally Barclays. She moved to Williams de Broë in October 2011 and the parent company, Evolution, was taken over by Investec. She is now part of a private client team, looking after portfolios, which in many cases have been with her for over 35 years.

She is a strong believer in forging personal relationships with clients and the majority of her work is managing discretionary accounts for people with whom there is an ongoing relationship. Elissa developed a strong interest in media and marketing and was head of the London Marketing Division of the various firms she worked for and she has regularly appeared on the BBC for the Today programme, CNBC, Sky and CNN and also gives talks and lectures on the City and is active in business development. She is a trustee of the Weizmann Institute for Technology, based in Israel, sits on the Advisory Board of JVN and Future Talent and was a member of the Business Committee of the Duke of Edinburgh Award, chaired by the Countess of Wessex, for ten years.

Elissa is married to a recently retired GP and has three daughters.

Richard led the Distribution Division in Old Mutual Wealth, where he was responsible for developing the leading vertically integrated distribution business that delivers consistently great customer outcomes in our chosen market segments.

Richard has spent his life building and nurturing exceptional teams.

He joined the British Army aged 18, and was commissioned four years later, rising to the rank of Major. During his Service career he was based in Northern Ireland, The Falkland Islands, Germany and the UK. Army life drilled home the importance of team-building and the need for leaders to provide inspiration, skills Richard quickly applied when he began his career in financial services in March 1989.

Starting in direct sales at Allied Dunbar, Richard soon progressed to the management board, where he was responsible for more than 2,000 advisers.

He joined Intrinsic in 2005 as a Founding Director, initially as Sales Director before promotion to the role of Chief Executive in 2010. During that time Richard led the acquisition of other advice networks, notably Mint Financial Services in 2008 and Positive Solutions in 2013, which contributed to Intrinsic becoming the largest distribution business in UK financial services.

As CEO, Richard also led the negotiations with Old Mutual Wealth which resulted in the acquisition of Intrinsic in 2014 and the successful integration of the business into the Old Mutual Wealth group. A passionate Rugby Union fan (and supporter of Bath Rugby Club), in his spare time Richard regularly cycles, runs and works out in the gym.

When relaxing at home with his family, he likes nothing better than playing the tenor saxophone.

Jane Goodland is a financial services professional with over 20 years’ experience, gained across wealth and investment management, investment consulting and management consulting positons. Currently Jane is Responsible Business Director at Quilter, one of the UK’s leading wealth managers (formerly Old Mutual Wealth). In this role she drives the firm’s responsible business strategy, stakeholder relations and public policy engagement.

Prior to joining Quilter in 2015 Jane spent eight years as the global head of responsible investment at Willis Towers Watson investment consultancy where she established the firm’s responsible investment business delivering solutions for large institutional investors clients.

Jane has also worked in asset management, spending several years at HSBC Asset Management and Henderson Global Investors working on strategic projects and sustainable investment funds. Prior to this Jane worked in sustainability management consulting advising private and public sector clients, including numerous financial service organisations, on strategic sustainability programmes.

Jane is a member of numerous boards and committees including Quilter’s Investment Committee, The Quilter Foundation, Chair of Trustees for Old Mutual Wealth Pension Trust, The Diversity Project and the Co-Chair of KickStart Money Financial Education programme.

Jane graduated from Imperial College in 1996 with a BSc and MSc.

Jill Jackson is Head of UK Retail at Aberdeen Standard Investments and is in responsible for the direct retail book of business invested in the companies UK Mutual funds. Jill works closely with the business to amplify the voice of the customer across the organisation, acting as an advocate for the customer. She works in the UK Distribution team and is also responsible for a wide range of services provided to the UK sales team from intermediary event planning, day to day platform relationships through to technical fund analysis. This broad range of responsibilities allow Jill to understand the end consumer experience whether they deal with us directly, through an intermediary or a platform. She is also a member of a number of the companies governance groups, including the Ethical Funds Advisory Group and the Impact Advisory Group that govern the Ethical and Impact funds run by Aberdeen Standard Investments.

Jill has worked in the Investment Management industry for 25 years. She began her career by joining the school leaver programme that Scottish Amicable Investment Managers ran and was there for 5 years before joining Britannia Asset Management which went through various corporate changes and eventually became Ignis Asset Management. During her time there Jill was responsible for the retail business, management information for the various boards, change management, and the CRM systems used by the business. Jill joined Standard Life investments in 2015 when they acquired Ignis Asset Management and worked on the project to integrate that business into Standard Life Investments.

Dr Gregg McClymont Precis Gregg McClymont joined B&CE as Director of Policy and External Affairs at the end of July 2018. Previously Head of Retirement at Aberdeen Standard Investments for three years,

Gregg is a former MP, Shadow Minister of State for Pensions, and a member of the Prime Minister’s Further Devolution to Scotland Commission. His first career was as an academic historian at St Hugh’s College, Oxford, where he held a Fellowship. Gregg is the co-author of two volumes on global pension system designs Towards a new pensions settlement: the international experience Vols I & II (Rowman and Littlefield, 2016, 2018) as well as two more volumes on UK system design Pensions at Work that Work (2013) and Pensions People Can Trust (2012). Gregg chairs Pensions Quality Mark (PQM) Ltd, is a Deputy Chair of the FCA’s Institutional Disclosure Working Group (IDWG), and was the recipient of the Financial News’ top 40 under 40 asset managers award in 2015. Gregg is a Visiting Fellow at Nuffield College, Oxford and holds degrees from the University of Glasgow, Pennsylvania, and Oxford.

Employment

-B&CE Policy and External Affairs Director 2018 – to date

-Aberdeen Standard Investments, Head of Retirement 2015-18

-MP, Shadow Pensions Minister, Commissioner on Further Devolution to Scotland, Opposition Whip, member of Business, Innovation, Skills (BIS) Select Committee 2007-10

-St Hugh’s College Oxford, Fellow and Member of Governing Body 2003-6

-UK Government, Secretary of State’s Speechwriter

Current Fellowships, Non-Execs, Advisory

Nuffield College, Oxford

PQM Ltd

FCA IDWG

Institute Chartered Accountants Scotland (ICAS) Pensions Technical Committee University of Bristol’s ‘Thatcher’s Pensions Reforms’ historical project

Degrees 2007 MA (Oxon) 2006 DPhil (Oxon) 1999 MA (Penn) 1997 MA Hons (Glasgow) 1st Class

Professional awards

2004 Marquis of Lothian Scholarship in History, Oxford

1999 Major Scottish Studentship in History, HMG

1998 Thouron Scholarship of the University of Pennsylvania

1997 Thom Annual Prize for Economic & Social History, Glasgow University

Selected pensions publications

Towards a New Pensions Settlement: the international experience Vols. I & II (London, 2016/18) “Avoiding lemons: The UK workplace pensions challenge” in Towards a new age: The future of the UK welfare state (London, 2016) Pensions at Work that Work: Completing the Unfinished Pensions Revolution (London, 2013)

Katrina Sartorius is Managing Director of Aegon’s Institutional business for Cofunds Ltd. Katrina is responsible for developing and implementing the future strategy for the Institutional book of business driving forward its growth, increasing coverage and diversifying its business working directly with its clients and strategic partners. She is also responsible for the management of the profit and loss for the business.

Prior to her role with Aegon she worked at Euroclear SA/NV for 17 years. Katrina’s most recent role was Global Head of FundsPlace and member of the EUI Executive Management team where she was responsible for FundsPlace, Euroclear’s specialist global market infrastructure and innovative fund solution. Here she drove greater alignment with strategic partners and built the strategy for Fundsplace across the globe.

Katrina was also Head of Product Management & Innovation for Euroclear UK & Ireland, where she worked on exploring the new innovative technology of blockchain and its potential uses; the development of new collateral products; Central Bank Money liquidity services; Central Counterparty services; and the development with the Funds industry of a ground-breaking order routing through to settlement service for UK- domiciled investment funds. She was also responsible for all products on the existing CREST settlement system and the EMX Message System.

Katrina joined Euroclear (formerly CRESTCo) in 2000 from the Bank of England where she specialised as a business analyst for the ‘Euro’ and cash payment systems such as Central Money markets Office (CMO) and Central Gilts Office (CGO). Katrina read European Economics and Politics with French and graduated from Essex University in 1997

Stuart joined Fidelity in 2015 and is Head of Personal Investing and Wealth Solutions.

Prior to joining Fidelity Stuart spent 9 years with TD Bank Group, holding leadership roles in Finance, Operations, Change Management and Technology before taking the role of CEO NatWest Stockbroker and then CEO TD Direct Investing.

Stuart started his career as a Chartered Accountant – training with PWC – and then spent time in Finance at Lloyds Banking Group and Equifax.

David White is the principal of Romyla Consulting and Chairman of EMCAS. Previously he was Chief Executive of The Children’s Mutual for eleven years where he was responsible for leading the company through a period of unprecedented growth in the number of customers, sales and embedded value. The Children’s Mutual also won a string of customer service awards and was voted customer service company of the year on two occasions. He has been a member of the ABI’s Consumer Strategy Committee and also a Steering group Member for the FSA’s initiative on Financial Capability (now CFEB).

Having started his financial services career in 1976 in the pensions division of Scottish Life, prior to joining The children’s Mutual, David was Product Group Director (Pensions) at Prudential where he was responsible for the marketing of Prudential’s wide range of Pensions products.

He is a Trustee of the Family & Parenting Insitute and pfeg (the personal finance education group).

Holly has worked in finance since 1999. She is the Founder and CEO of independent consumer financial website, Boring Money. She passionately believes that investments shouldn’t just be for “The Old Boys” and is on a personal mission to make investing accessible and engaging to more “normal” people.

Holly read Modern Languages at Oxford, specialising in Medieval French which obviously made her immediately highly employable. She went backpacking in Australia, worked in TV for a while and then decided that TV was boring but the stock market was awesomely interesting.

She held senior roles at Merrill Lynch, Aviva and Santander before setting up her first business, The Platforum, in 2008. She sold the business to Centaur Media in 2011, moving on in 2014. She launched Boring Money in July 2015.

Holly is a regular media commentator and contributes to the BBC, Talk Radio, The Times, The Telegraph and The Mail on Sunday amongst others. She is living proof that you can be in Set 4 for Maths when you’re 13 and still get your head around investments.

Off her soapbox, she is a Mum to 2 young kids, a fussy cat and a poorly trained puppy. Holly has a thing for red shoes, is a happy and bad surfer and has a passion for India. She cheerfully eats sugar, drinks coffee and likes wine.

Howard Flight was appointed to the House of Lords at the end of 2010. He was the Member of Parliament for Arundel from 1997 to 2005, during which time he served as Shadow Chief Secretary to the Treasury, and was a member of the Conservative Shadow Cabinet. He led the Conservative Opposition during the Committee Stages of 4 Finance Acts and the Financial Services and Markets Act.

In the Lords, he is part of the Conservative working Peers’ teams covering Europe, Treasury Affairs, Financial Regulation and Pensions. He was a member of the Lords’ EU Economic and Financial Affairs Committee until 2015 and is now a member of the Delegated Powers and Regulatory Reform Committee.

Howard has worked for over 40 years in the Financial Services industry, starting his career at Rothschilds as an Investment Adviser in 1970. He was co-Founder and Joint Managing Director of Guinness Flight, formed in 1986 and acquired by Investec Asset Management in 1998, of which Howard remained a Director until 2019. He pioneered the umbrella Fund structure and built the substantial Guernsey (now Luxembourg) based, Guinness Flight (now Investec) Global Strategy Fund.

Howard worked for HSBC’s Merchant Bank in the second half of the 1970s in both Hong Kong and India.

Currently, Howard is Chairman of Flight & Partners, of Investment Trust Aurora and VCT Downing Four; Director of Mercantile Ports & Logistics (Mumbai): a Commissioner (Board Member) of the Guernsey Financial Services Commission, Chairman of the EISA (Enterprise Investment Scheme Association) and a Consultant to TISA (The Investment and Savings Association).

Howard read History Part I and Economics Part II at Cambridge and was subsequently the Power Scholar at the University of Michigan, Ann Arbor, where he obtained his MBA. He and Christabel have been married since 1973 and have 4 children.

David Dalton-Brown has led the TISA team since January 2015, prior to which he served for three years on the TISA Board.

David is also an NED at Aegon UK, Cofunds, Scottish Equitable and Chairman of Aegon investments – joining the Board of Aegon UK to support the business as it transitioned from a traditional L&P business to a modern, digital platform business. In addition to his NED positions at Aegon, David is also an NED on a number of Lexis Nexis businesses.

During his career, David has held a number of key positions including Head of Fidelity FundsNetwork platform and Retail Business; Head of Barclays Retail Investment Businesses; External Board Director on Barclays Investment Boards; Partner at KPMG; Head of the Exchange and senior Business Development, IT and e-commerce executive roles at Norwich Union and Prudential.

Carol Knight B.Ed. Hons

Carol is Chief Operations Officer and Company Secretary. Carol has been in financial services since 1998, having previously worked in variety of industries, including education, local government, Civil Service and the gaming industry.

A qualified and experienced teacher Carol gained her degree at King Alfred’s College in Winchester and taught in Romsey, Hampshire. She then spent 7 years at Skandia, managing the PEP & ISA new business and transfers department.

Carol joined TISA in 2004 and has been responsible for the day-to-day running of the Association’s administration centre, technical support, member communications, expanding the events and training programme and technical issues in the cash savings sector. In 2009, she also took on the role of Company Secretary. Carol joined the TISA Board as Operations Director in July 2011, extending her responsibilities to include finance. This was swiftly followed by taking a position as Executive Director for TISA Exchange.

In August 2015, Carol became Chief Operations Officer for TISA, supporting the Director General with the general running of the company and with personal responsibilities for Children’s Financial Education, internal administration, HR and finance together with acting as TISA spokesman for the media and at functions.

Carol is also a Director for both TeX (the contract club managing the legal structure supporting electronic messaging for transfers) and CT Holdings & Services Ltd (which operates under the brand of STAR where TeX and Criterion are working in collaboration to deliver the Service Level Agreements recommended by the Transfers & Re-registration Industry Group tasked by FCA to improve transfer times).

Charles has 30 years of experience working in Financial Services, specialising in investment management and savings, 19 of those years has been as a management consultant with both Big 4 and market leading specialist boutiques providing breadth and depth of the asset management market. Charles’ experience covers developing strategy, back office operational efficiency, outsourcing and fund products.

Charles is currently Strategic Policy Director with TISA leading on the development of strategic proposals for government and the regulators. The policy proposals have delivered a range of solutions to encourage consumer saving with a number of these either having already been taken up by Government, being actively piloted or being developed in greater detail with TISA members.

Charles was an integral part of the leadership, development and launch of KickStart Money and helped launch the Digital ID project. He has helped develop and author policy proposal on retirement savings, housing and equity release, plus champions the work on financial guidance. He has also led on engagement with government including the FCA, DWP, HMT plus government bodies including MaPS as well as building support for TISA policy with MPs and The Lords.

John has been involved with The Tax Incentivised Savings Association (TISA) since its inception as PEPMA in 1991, initially serving on the Advisory Council and subsequently on the Board. John became Chairman of PIMA in September 2000 and continued in the role with the launch of TISA in July 2007. After 12 years as Chairman John stood down at the end of June 2012 but remains on the TISA board. John was Head of New Business at BNP Paribas Fund Services UK Ltd (formerly Cogent Investment Operations) prior to his retirement in June 2003 and is currently working as a consultant in the financial services industry. John maintains a professional interest in all forms of investment management and administration.

Ruth joined TISA in April 2019 and heads up the Engagement Team, with responsibility for member relations, communications and events & training.

Ruth was previously Head of Market Engagement at The Investment Association, where she was responsible for the development and delivery of structured market engagement for the buy-side, including the creation and management of The IA’s portfolio of events and sector engagement with ‘Velocity’; the industry FinTech Innovation Hub and Accelerator. Prior to this, Ruth was Director of Events at the British Bankers’ Association (BBA), where she carried out a similar role for the sell-side. Ruth was also a member of the Board of Directors of BBA Financial Crime Alert Service Ltd, for which she developed the operational infrastructure and oversaw service delivery applying to industry, government, law enforcement and security service sectors.

Jeffrey leads the Technical Policy team, helping firms where new regulations are being introduced or proposed.

Having read History at Cambridge, Jeffrey qualified as a Chartered Accountant with Coopers & Lybrand (now PwC). He then spent seven years in banking including posts as chief accountant of two merchant banks (HongKongBank and Samuel Montagu). He has spent 25 years in the funds industry, including 15 years at M&G, where he held a number of operational roles including Chief Trusts Accountant, setting up M&G’s call centre, launching closed and open ended funds, public affairs spokesman, responsibility for non-compliance relationships with regulators, HMRC and Government. He was a director of M&G and ran M&G’s direct business.

Steve Radford is Head of PR and Communications with responsibility for TISA’s media and public affairs engagement programmes, along with corporate communications to other key stakeholder audiences.

Steve joined the permanent staff at TISA in 2014 and has more than 30 years’ communications experience in the financial services sector covering insurance, retail financial services and investment companies gained from working in-house and as a consultant. Before that he worked for a large multinational organisation.

Harry Weber-Brown is the Digital Innovation Director for TISA who is responsible for all of TISA’s digital initiatives and projects, including the Digital Identity programme for consumers of financial services products and the Open Savings and Investment project.

Harry has over 25 years of experience working in digital in strategic planning and programme management resulting in the delivery of transformational services within complex stakeholder environments. He has worked as a senior consultant, an interim Director and as a Non-Executive Director. Significant projects that Harry has managed include a European Commission funded project that focused on opening bank accounts across European borders, using Digital Identity, delivered through the eIDAS framework and a major re-development of the Money Advice Service’s digital proposition.

Harry has worked across a range of sectors and clients including the Public Sector (Cabinet Office, Department of Health, Home Office and DWP), the Commercial sector (Old Mutual, Lloyds Banking Group, Reuters and Ask Jeeves) and the Not-for-Profit sector (NSPCC, Shelter and the BBC) before joining TISA in July 2018.

He has more recently has been actively investing and mentoring digital start-ups with a focus on Advertising Tech and Digital Marketing services.