From TTT to MNTD

After joining the Trustee Talent Team, your next step may be to become a Trustee, and to provide a fairer opportunity for everyone, the only way you can become a GEVPTL Member Nominated Trustee Director is by becoming a Trustee Talent Team member first.

Once you’re in the team, and when there is vacancy on the board (this opportunity usually comes around once a year), you can then apply to become a fully-fledged Trustee.

No matter how long after you’ve joined the TTT, if you’ve had all the relevant training you can choose to apply for the role of MNTD.

Usually, the timeframe to becoming an MNTD is between 12 and 24 months to give you time to gain real experience, knowledge and understanding of what life is like as an MNTD first.

You also don’t have to become an MNTD if you don’t want to, and you can choose to stop being a TTT member at any point if you don’t feel it is right for you.

The value of being a TTT member
My self-confidence has grown, my enthusiasm has increased, my thirst for knowledge has returned…

Being a Trustee Talent Team member is all about learning, getting involved and seeing whether being a Trustee is right for you. We want you to bring your perspective to discussions as it's the different insights and opinions we really value.

We understand everyone’s lives and responsibilities are different, so it’s really up to you how much you’d like to be involved, and it can be as flexible as you choose. We do encourage Trustee Talent Team members and Trustees to keep their knowledge up to date though by joining training sessions and webinars throughout the year. The usual requirement for Trustee Talent Team members is a few hours a week, but it could be more or it could be less.

The Trustee Talent Team is all about learning, getting involved and seeing whether being a Trustee is right for you. Everyone’s journey is unique and you would find your own rhythm in terms of meeting attendance, but we have found that attending at least two Committee meetings in the first year works well in order to gain experience.

Here’s an example of what the first year as a Trustee Talent Team member could look like.
  • Appointed to the team
  • One-to-one TTT induction training run by the Trustees’ advisers
  • Monthly ‘check-in’ catch ups with Aon Secretariat
  • Join a Committee and attend your first Committee meeting
  • Attend Trustee training sessions
  • Option to join a Working Party or Sub-Group
  • Attend your first Board meeting
  • Attend your allocated Committee meetings
  • Attend Trustee training session
  • Consider rotating to one of the other Committees to gain experience of different areas of the role and attend the Committee meeting
  • Attend Trustee training sessions
  • Attend Trustee Board meeting
  • Attend your first Trustee strategy day
  • Attend a Committee meeting
  • Discussion with Aon Secretariat to reflect on your first year of being a TTT and discuss your continuing TTT journey
  • Attend Trustee training sessions
  • Complete The Pension-Regulator’s Trustee toolkit
Throughout this period there will also be:
  • Monthly virtual catch ups over a coffee with Aon, the Scheme Secretary to hear guidance and get informal training. These will also be an opportunity for you to chat with the other TTT's as a group and discuss experiences, what’s going well, challenges etc.
  • Opportunities to get involved in various pieces of work outside of the meetings (such as communications, risk management, cyber security, responsible investing etc).
  • A broad range of externally-run pension-related webinars / seminars that you can join to develop your knowledge and understanding.

We want people to feel confident and supported, and we know that means having some time to learn and ask questions.

During your time as a Trustee Talent Team member, you’ll:
  • receive training on pensions and the schemes we look after;
  • receive a range of resources to support you as you need them;
  • see how the Board operates with a chance to join the Board and/ or Committee meetings;
  • be invited to training sessions;
  • be encouraged to ask questions and suggest new ideas;
  • have a monthly one-to-one catch up with our Scheme Secretary; and
  • be offered a Trustee mentor to support your development if you would like one.

We want to hear from you so it’s important to us to provide a space where no idea is a bad one, to help you feel confident to put your views and ideas forward. If you ever need something in addition to the above to thrive in this role, we always welcome your suggestions as we want to give you what you need to feel empowered, and ultimately become an MNTD in the future.

Becoming an MNTD
If, during or after your time on the Trustee Talent Team, we have a vacancy on the board for a Member-Nominated Trustee Director, you’ll already have gained some experience, knowledge and understanding of what life is like as an MNTD. This means that, if both you and the Trustees think you are ready, we’ll encourage you to apply.
Getting paid as a TTT member
To recognise the very valuable contribution and the time commitment you’ll be making, as both a member of the TTT and as a Trustee, you’ll receive a ‘recognition payment’ – which is a performance related payment - alongside reimbursement of your expenses and travel costs.
The Trustee Toolkit
Members of the TTT will need to complete The Pension Regulator’s toolkit within 12 months of being appointed. This is a free resource which will give you an insight into the role of a Trustee. Find out more about the toolkit on The Pension Regulator’s website.
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