BESTrustees is delighted to announce that Steve Balmont has joined its growing team of Trustee Executives. Steve, who joined us in mid-October, is a highly experienced and respected professional trustee with more than 25 years’ of trustee experience. He has joined BESTrustees from another leading professional pension trustee company.
Steve has broad experience as trustee chairman or trustee of defined benefit, defined contribution and hybrid pension schemes of various sizes and complexity with assets under managements of c£35million to more than c£6billion. He has served on the Investment Governance Committee of a workplace pensions provider, has chaired investment, audit and administration sub-committees and taken leading roles on funding and special project working parties.
Steve qualified as a Chartered Accountant in the mid-1980s and, aside from a brief spell with an international bank in the City which provided his first exposure to pensions, he worked in public practice, establishing a substantial pensions audit practice within a top ten audit firm. Steve is a member of PRAG and the Pensions SORP working party. He serves on the OPDU Advisory Council and is a member of the Association of Professional Pension Trustees. He served for many years on the Actuarial Stakeholders Group of the FCA (previously part of the Board of Actuarial Standards), and has written about and spoken on pensions issues and chaired trustee training courses.
Steve is a long-serving Governor of London South Bank University, where he chairs the Audit Committee. He also works closely with the LSBU School of Business.