Obituary: Maurice Oldfield

clock • 2 min read

Maurice Oldfield - a former chairman of both the Pensions and Lifetime Savings Association and the European Federation for Retirement Provision - has died at the age of 87 following a long illness.

Maurice Oldfield

Oldfield (pictured left) was born in London on 5 July 1930, the son of Herbert and Katherine Oldfield. After education at the London School of Economics and National Service in the Royal Navy, he joined Proctor & Gamble, becoming UK pensions manager at the firm in 1956, before moving to Remington Rand as pensions manager in 1961.

From 1965 until 1990, he was group pensions manager of Allied Breweries, with responsibility for pension arrangements for businesses in France, Belgium, Germany, Spain, Portugal, East Africa, the US and Canada - and over 500 pension schemes of companies acquired in the UK were incorporated into the main fund, including those of J. Lyons & Company.

He became a fellow of the Pensions Management Institute in 1976, chairman of National Association of Pension Funds (the organisation now known as the Pensions and Lifetime Savings Association) in 1982 and the first chairman of the European Federation for Retirement Provision (EFRP). He has also been chairman of the Pre-Retirement Association and chairman of PARITY, the body first formed in 1986 as the Campaign for Equal State Pension Ages.

In 1980, he established Kontax, as a company within Allied Breweries, to provide pension schemes advice to small brewers, a business which he subsequently purchased and, after his retirement, enlarged to include schemes of small companies other than brewers.

While Kontax was sold to Abbey National in 1995, its activities in trusteeship and pension documentation were retained in another company, Understanding & Communication Limited, which Oldfield had established in 1982.

Oldfield was the author of the five editions of Understanding Pension Schemes and editor of the Pensions Management Institute Handbook. He contributed numerous articles to pensions magazines and newspapers.

He was involved with The Pensions Archive Trust from its inception and was appointed a director in 2005. He retired from this role in 2008.

He leaves a widow, Annina, and two sons and two daughters.

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Small pensions pot consolidator launched, Mansion House Compact II draft circulated, TPR superfund blog

Professional Pensions
clock 25 April 2025 • 1 min read
Utmost posts 90% annual AUA increase after entrance to UK BPA market

Utmost posts 90% annual AUA increase after entrance to UK BPA market

Group surpasses £100bn AUA mark but posts decrease in operating profit

Jasmine Urquhart
clock 25 April 2025 • 1 min read
Drive up social mobility to boost DEI initiatives, NextGen urges

Drive up social mobility to boost DEI initiatives, NextGen urges

Research finds industry focus groups have concerns over ‘diversity-washing’

Martin Richmond
clock 25 April 2025 • 4 min read
Trustpilot