LONDON, April, 26 2021 – SEI (NASDAQ:SEIC) today announced that Nigel Aston has been appointed as Sales Director of Defined Contribution (DC) for SEI’s UK Institutional Group. Based in London, Aston will oversee SEI’s DC business development for the EMEA region, continuing to grow SEI’s Master Trust, the company’s DC governance solution.

Aston has a long and successful track record of driving DC strategies. Prior to joining SEI, Aston most recently served as a Senior Managing Director at State Street Global Advisors, where he was responsible for global workplace strategy and ESG. He also previously held roles at Standard Life, AXA and technology startup DCisions, spanning areas including investment design, sales, marketing and communication.  

Commenting on his appointment, Aston said:

“After working with numerous pension and investment firms, both large and small, I’m convinced that few are getting it completely right, and many are actually getting it quite wrong. SEI is big enough to matter, small enough to care and nimble enough to make rapid improvements in how we deliver the great retirements that everyone deserves. I’m really excited to be joining a company that is building pensions innovations that are not just different—they’re fundamentally better.”

Steve Charlton, Managing Director of DC, EMEA and Asia, for SEI’s UK Institutional Group, added:

“Nigel’s experience and expertise will be invaluable as we continue to expand our Master Trust offering. Communicating the Master Trust’s benefits to prospective employers and members is critical to how much we can improve members’ retirement outcomes. We look forward to Nigel’s focus in this area and are delighted to welcome him to the team.”

About the SEI Master Trust

The SEI Master Trust provides a fully-bundled solution for employers delivering defined contribution (DC) schemes. An independently-assured DC provision, the Master Trust encompasses investment management, member communications and administration, as well as utilizes a manager-of-managers platform established over 25 years ago and overseen by more than 115 in-house investment experts. With its global scale and 13-year heritage as one of the first U.K. Master Trust providers, the SEI Master Trust offers customized solutions and a complete member journey, guiding members through retirement and beyond.

About SEI’s Institutional Group

SEI’s Institutional Group provides institutional investors with outsourced investment management services and custom platforms to support insourced investment staffs. SEI is one of the first and largest global providers of outsourced or OCIO investment management services to the institutional marketplace and recently launched its Enhanced CIO services globally to institutional investors that desire to have internal resources. The company delivers these integrated solutions to more than 450 clients in 9 countries, as of March 31, 2021. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board-designated funds. For more information visit: seic.com/institutional-investors

About SEI

After 50 years in business, SEI (NASDAQ:SEIC) remains a leading global provider of investment processing, investment management, and investment operations solutions designed to help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2021, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers approximately $1 trillion in hedge, private equity, mutual fund and pooled or separately managed assets, including approximately $384 billion in assets under management and $836 billion in client assets under administration. 

Legal Note

The SEI Master Trust is not available outside the UK and Europe.