Appointments: USS, PPI, Cardano

The Universities Superannuation Scheme (USS) has named Dr Samuel Marsh to its board of trustees as of 12 August.

Marsh is a representative of the University and College Union, which represents USS members. He replaces Andrew Brown who has stepped down after completing his four-year term.

Marsh teaches mathematics, including financial mathematics, at the University of Sheffield.

He was also a union representative on the USS Joint Negotiating Committee between 2018 and 2022, representing members during the negotiations about funding the £78bn scheme’s deficit.

Pensions Policy Institute names new deputy director

The Pensions Policy Institute (PPI) has appointed Dr Suzy Morrissey as deputy director.

She joins from New Zealand’s Te Ara Ahunga Ora Retirement Commission, where she was director of policy and research and led on work including the statutory triennial Review of Retirement Income Policies. Morrissey previously worked at the New Zealand Treasury.

Chris Curry, director at the PPI said Morrissey’s experience in New Zealand was “closely aligned with the work the institute carries out”.

“As an independent research organisation, the PPI holds a unique position informing the policy debate around pensions and later life outcomes,” Curry added. “Suzy joins the team with a clear understanding of the value of independent, fact-based analysis when informing any policy debates.”

Lundbergh exits Cardano after 11 years

Stefan Lundbergh has left Cardano after 11 years with the company.

He joined in 2013 as head of innovation and was appointed director of insights in 2016. He also worked as head of defined contribution design at NOW Pensions after Cardano acquired the master trust in 2019.

Lundbergh announced on LinkedIn this week that he had started work at Swedish financial services company Folksam as a “strategic business developer”.