In this episode of V-FM Pensions hosts Nico and Darren chat with the Chair of Pan Trustees, Steve Delo. Steve is a Trustee on many schemes and was chair of the People's Pension for 10 years from its inception (he had the pleasure of working closely with the podcast hosts for a good few years). We take a trip down memory lane discussing some historical pensions issues that schemes and trustees are still grappling with, focussing on the complexity of administration and data. We also chat about Steve's time at the People's Pension and some of the challenges in providing pensions at scale, the DWP announcement confirming its solution to deal with small pension pots, and the fiduciary challenges and lack of clear guidance on assessing and addressing climate risks in pension schemes. We also find out how Steve got into pensions and, of course, find out what value for money means to him. Enjoy!