The CEO of the £15 billion ($20.3 billion) defined contribution multiemployer National Employment Savings Trust, London, was recognized for her service to retirement savings in the U.K.'s 2021 New Year Honors list.
Helen Dean, who was awarded a Commander of the Order of the British Empire, spent 30 years at the U.K. Department for Work and Pensions. During her time at the DWP, Ms. Dean was tasked with combating under-saving for retirement by U.K. workers. She is one of the architects of the U.K. auto-enrollment policy, which was introduced in 2012 and has added 10 million U.K. workers to DC plans.
"We are very proud of Helen, and this honor couldn't have gone to a more deserving person. She works tirelessly to bring about her vision of improving the future for millions of people, and she never for a minute forgets about the members that NEST was set up to serve," said Otto Thoresen, chairman of NEST, in a news release. "On behalf of the NEST board, I'd like to congratulate Helen on this very well-deserved recognition."
Commenting on her award, Ms. Dean said in the news release: "While I have been recognized today, I would like to pass on that recognition to each and every one of my team, without whom NEST would not be the world-class pension scheme that it is, providing better retirements for working people across the country."
NEST's former CEO Tim Jones was also awarded a CBE in the 2015 New Year Honors List.