The Money and Pensions Service (MaPS) has appointed two new individuals to its Advisory Group.
Bernie Hickman, chief executive of Legal & General Retail and Steve Hughes, chief executive of Coventry Building Society, have joined 12 other top-level executives from the finance, consumer rights, research and technology sectors.
Hickman responsible for all the retail, workplace and fintech businesses within Legal & General. The retail division meets the savings, protection, mortgage and retirement needs of 12 million retail policyholders and workplace members.
Hughes has been the CEO of the Coventry since 2020. He is a chartered management accountant with over 16 years’ experience of senior and board-level roles within financial services.
The Advisory Group, established in May 2020, meets quarterly to help ensure that MaPS delivers on its vision of everyone making the most of their money and pensions. It also provides input and oversight regarding progress towards the goals of the UK Strategy for Financial Wellbeing, raising and discussing challenges along the way.
Sir Hector Sants, MaPS chair, said: “I am delighted to welcome Bernie and Steve to the MaPS Advisory Group. They bring with them a wealth of experience in the financial services sector and a strong commitment to the UK Strategy for Financial Wellbeing.
“I look forward to working with them as we continue to understand, meet and address the challenges and opportunities ahead.”
