Meet Mark Engelbretson, Head of Pensions at Network Rail. We asked Mark about being a Trustee Director and the advice he would give to anyone thinking about taking on a similar role.
Mark is one of 16 Trustee Directors, who sit on the Board and help to look after the interests of members of the railways pension schemes.
He brings a wealth of experience to this role, thanks to a career that extends over 28 years.
What does a typical day as a Trustee Director look like for you?
Being a Trustee Director involves a lot of reading and keeping informed on matters relating to the running of schemes: whether that’s digesting information in Board papers, Committee papers, emails or advisory updates. I attend meetings and ensure I contribute to the best of my ability to get the right outcomes for our members.
What do you enjoy most in your role?
I love to help members understand the complex world of pensions: to give them that lightbulb moment when they understand what it all means and why it’s so important.
The role is really varied: from talking to members about their pensions in Wiltshire to attending investment meetings in London; from discussing an individual’s ill-health benefits to keeping informed on legislative changes via a virtual meeting.
What are you most proud of in your role?
I’m most proud of being there for members and supporting them wherever possible. And, I’m proud to be part of a Trustee Board – supported by Railpen – that strives to do all it can for its members.
What support is on hand for individuals new to the role?
Within Railpen, there is lots of support from the Trustee Governance team.
On top of formal support, I’d always encourage newer Trustee Directors to be proactive and develop through industry networking. You can learn so much at pensions and Trustee events.
What would you say to someone who is thinking about becoming a Trustee Director in future?
Being a Trustee Director is a great development opportunity for individuals from all types of backgrounds.
Don’t dismiss the opportunity because you’re concerned you don’t ‘get it’ all straight away. Part of being a Trustee Director is continually learning and there’s so much support on hand.
It’s such a worthwhile experience both for an individual and their employer. A brilliant way to advance professionally and be exposed to exciting, varied activities. Most of all, the satisfaction you get from helping members is incomparable.
I’d say that being a Trustee Director requires about 70-80 days of my time each year. It’s a big commitment but do I have any regrets? No, I absolutely love it!
If members would like to become a Trustee Director they can speak to their Employer Representatives for more information.
Members can also learn more about the role and responsibilities of The Trustee on our dedicated Trustee page.