“PSGS offered the right support at very short notice, at reasonable cost, when we really needed it”
“I wanted to look at the effectiveness of our trustee board, so Gillian, our PSGS scheme secretary, provided their trustee self-assessment tool to help me gather thoughts and opinions from others on the board. The tool was extremely easy to use and asked all the right questions to help me collect the information I needed as Trustee Chair. It is a great example of the way PSGS shares knowledge with their clients and makes dealing with key governance issues easy. As well as enabling me to meet one of the Regulator’s 21st century trusteeship requirements, using the tool has flagged trustee training needs and ways we could improve trustee meetings further. ”
“These days, Boards need real expertise on tap (with excellent back-up) to cope with a constantly evolving and more regulated environment. PSGS is geared to delivering that.”
“PSGS were overall more professional than others.”
“I would recommend them to anyone - I have dealt with a number of other independent trustee firms and would rate PSGS as the best. We are very happy with Mark and the service we get.”
“Ever increasing regulation has placed a heavy burden on trustees both in terms of time and the risk of non-compliance. PSGS has the experience and the resources to help trustees manage these burdens.”
Chris is chair of three trustee boards and sits on two others. He also spends part of his time at BAE Systems in their pensions department.
Chris has been involved in the pensions industry for many years, starting in 1973 at Prudential as an actuarial trainee in their pensions division.
In the mid eighties he moved to what later became Aon Hewitt, where he fulfilled a wide range of senior roles. These included client management, divisional director and scheme actuary appointments.
Chris joined us in 2011. Throughout his pensions career as actuary and chair of trustees, he is most proud of resolving a very contentious issue between a sponsoring company and trustee board in connection with the interpretation of the scheme’s rules. It was a long running and difficult matter involving conflicts of interest, inadequate records, significant amounts of money and conflicting legal opinions.
Qualifications: Mathematics degree, Fellow of the Institute and Faculty of Actuaries (FIA).
20 Mar 2019
One of the most difficult situations a pension trustee can face is where the scheme sponsor is distressed, meaning the risk of insolvency is high....
15 Mar 2019
This case study look at how we helped a scheme with a sponsor in financial distress achieve a PPF+ buy out.
13 Mar 2019
Fiduciary management is certainly popular and, with the CMA review, particularly topical. The thing is, pension trustees really need to be sure...