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Muse Down Hall 269

Knowledge hub

Check out one of our recent thought pieces below, or dive into our knowledge hub to see the latest thinking from across the Muse team!

Musings | 28 Sept 2026

Concentration risk in trustee services

What happens when a significant proportion of a scheme’s knowledge, governance activity and institutional memory becomes concentrated within a single organisation? Katherine Milton, who is part of our outsourced pensions management leadership team, looks at some of the challenges with concentration risk and outlines the key questions that trustees need to ask when assessing supplier concentration risk.

Musings | 28 Sept 2026

Private markets in UK pension defaults

Private markets could be a valuable addition to UK pension scheme default funds, especially for members who are many years from retirement. This area, however, is not without its challenges. In this article, Paul Armitage, Head of DC at Muse, looks at what this means for charges and member communications.  

Musings | 28 Sept 2026

AI governance

Artificial Intelligence (AI) is driving considerable change across many industries, including pensions, and whilst there are significant potential benefits available, the risks are real as well. Jo Fellowes explores where AI is currently being used and developed in the pensions industry and considers the changes in Trustee governance required to oversee data, security and cyber risk as AI use continues to evolve.

KW Final

Katy Wilkinson

Consultant
RC

Robyn Cowan

Senior Consultant
Sharon Hine

Sharon Hine

HR & Business Support Administrator
AS Final

Antonella Sferrino

Associate
Muse heads March 579 Edit

Geoff Francis

Senior Consultant
KEM Final

Katherine Milton

Principal Consultant
Alan S Final

Alan Simpson

Financial Controller
DJ F Inal

Daniel Jacobson

Principal Consultant
ER Final

Emma Rogers

Senior Consultant
KM Final

Kate Maloney

Client Director
TB Final

Tony Brown

Consultant
MH Final

Margs Harvey

Business Administrator
S Murdoch Headshot

Stuart Murdoch

Consultant
Susan Sinclair March 2025

Susan Sinclair

Senior Consultant
RC Final

Rosanne Corbett

Director
TK Final

Tammy King

Head of People
TO Final

Tom Oakley

Consultant
A JM Final

Auline-Jean Melbourne

Associate
JF final

Jo Fellowes

Director
CD Final

Cindy Dadier

Head of Operations
PV Final

Pamjit Virdi

Senior Consultant
EB Final

Emma Beard

Senior Consultant
Ryan P Final

Ryan Perrin

IT Support Apprentice
KJ Final

Kneale Jefferis

Administrator
Adam Chate

Adam Chate

Senior Consultant
ADC Final

Adrian Cooper

Head of Market Engagement
DN Final

Danuta Nott

Business Support Manager
Mark dallaway

Mark Dallaway

Senior Associate
RE Final

Reece Eley

Junior Consultant
PA Final

Paul Armitage

Head of DC
AJB Final

Adam Barker

Project Manager
HB Final

Hana Bailey

Senior Consultant
IM Final

Ian McQuade

CEO
OD Final

Olivia Devereese

Project Manager
CC Final

Clare Chilton

Consultant
Amanda Cullen V1

Amanda Cullen

Senior Associate
RP Final

Robert Plumb

Senior Associate
EMR Final

Ellen Ratcliffe

Principal Consultant
CW Final

Claire Wallis

Consultant

Testimonials

We appointed Muse to step in when our long-standing Pensions Manager announced his retirement. Their team managed to get up to speed quickly, complete an effective handover and ensure our day-to-day business continues to run, whilst at the same time helping us select, appoint and transition to a new administrator. Muse has become a key part of our team, coordinating activities across advisers. The Muse team has spotted opportunities to bring governance and market insight into the day to day management of our schemes. We feel we are in good hands and, importantly, enjoy working together.
Independent Chair of Trustees, John Laing
It was great working with Muse and if we undertake another review we will most definitely be in touch. We could not have got through this without Muse.
UK Group Pensions Manager, Total
Muse provided interim scheme secretarial services to the RNIB Retirement Benefits Scheme for a period of six months, taking over with very little handover and no prior scheme knowledge. Rosanne and Tom hit the ground running and did an incredible job to get up to speed as quickly as they did. Their secretarial services have been excellent, however it’s the executive services they have provided that have gone beyond our expectations. They have provided an all-round governance and strategic planning service which has made an immeasurable difference and for which we are very grateful. Muse has provided a comprehensive handover to the new Scheme Secretary, which will allow him to continue their work and complete the overhaul of the Scheme’s governance.
Where we are six months on from Muse taking up the role isn’t a step change difference, it’s a quantum leap. Rosanne and Tom have made my life easier as Trustee Chair and gained the trust and confidence of the trustees, enabling us to be more non-executive. We now have an agreed strategic direction. Importantly, we have a plan to reach it and a well-constructed business plan, risk register and operational work plan to help us keep on top of the big issues and risks and make best use of our advisers. They’ve made a big difference not just to the trustees but to members who will benefit from the governance changes.
Trustee Chair, RNIB Retirement Benefits Scheme

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