Tom Spilsted

Tom SpilstedTom has over 30 years’ experience in the construction industry with major UK main contractors. His recent experience from being part of the executive team across the UK as Commercial Director has given him a strong understanding of business finance and operational requirements.

As a member nominated trustee for the last 4 years, Tom has gained in depth experience of a medium size scheme with a mix of Defined Benefit (both final salary and index linked) and Defined Contribution. These have presented diverse challenges from managing the closed DB schemes, maximising the potential from a varied investment strategy, to negotiating the valuation and deficit recovery plan with a company controlled by an overseas parent.

As an independent trustee Tom can bring a mix of understanding the balance between a successful business and the needs of a pension scheme. The extensive training over the last 4 years including the Pension Regulators Trustee Toolkit has provided pension specific knowledge to blend with his existing strong commercial negotiation skills and a challenging approach particularly towards external advisors.