What happens next?

As part of the application process the three Active members supporting your nomination will be contacted by the Pensions Team to confirm that they are eligible members and are supporting your nomination. Please note that under the Rules your supporting members cannot simultaneously support another candidate.

Assuming more than one member applies for this position the Trustee will undertake a selection process.

The Trustee has adopted a selection process to:

• Ensure the Trustee Board composition optimises the skills, (and combination of skills) required to manage the Scheme,
• Enhance the dynamics and effectiveness of the Trustee Board, and
• Meet modern requirements of Diversity and Inclusion.

To help ensure that this is a fair and objective process, the Company’s Director of Diversity and Inclusion or a member of his team will be included on the selection panel at stage 1, together with a subset of Trustee Directors.

The process allows for two stages of interviews. All candidates will be selected for an interview under stage 1 with representatives of the Company and Trustee Board. From those interviewed under stage 1, three candidates will be chosen to progress to stage 2, which will involve a final interview with the Chairman, other representatives from the Trustee Board and the Pensions Manager. If there are only three, or less than three candidates, the process may move immediately to stage 2.

Depending on circumstances at the time, interviews may be held in person in London or virtually by video call.

As well as the principal criteria set out in the letter inviting applications, the following factors will be considered when choosing the successful candidate:

• An aspiration to act in the interests of all of the Scheme’s members;
• The ability to contribute to the effective and positive working of the Trustee Board;
• Experience as a director or trustee or any other governance role;
• Relevant professional qualifications, if any;
• Work experience and areas of relevant expertise such as pensions, pensions administration and investment; and
• Any particular requirements of the Trustee Board at the time of selection such as any specific areas of expertise and its policy on diversity.

If no one applies the role will remain vacant for a period of 12 months. After this time Active members will again be invited to apply.