Rachel Brougham

Rachel Brougham
Trustee Executive

Rachel Brougham qualified as an actuary and has more than 25 years experience in the pensions industry. Her experience encompassed advising defined benefit and defined contribution trustee boards and governance committees of contract based DC arrangements. In addition, she led a number of national initiatives at her former employer, Mercer. These included pension scheme governance for both DB and DC schemes (including board effectiveness, risk management, roles and responsibilities and relationship management) and pensions auto-enrolment.

Having joined BESTrustees in December 2014, Rachel’s appointments include the master trust trustee board and Independent Governance Committee for both Fidelity and Legal & General.

Rachel also works with two defined benefit schemes of different sizes and circumstances, both of which have a US parent company, and shadows a colleague on a very large, closed DB scheme. Working with the schemes’ advisers, she has implemented TPR’s integrated risk management (IRM) approach to funding, investment and covenant work in both her schemes to good effect. She has experience of securing and implementing a PPF compliant guarantee from the parent company with one of these schemes.

Outside of the pensions industry Rachel chairs the governing body of a local primary school which is in the process of academy conversion. A governor carries out a similar role to a trustee, and is often challenging but very rewarding.