“In any major corporate transaction, time is of the essence. PSGS' pragmatic commercial approach helped us manage the pensions aspects of our group re-structure to ensure a positive outcome for all parties. ”
“It’s a pleasure working with key members of the PSGS team: their experience and leadership means that they know how to get the job done, working in partnership with fellow trustees, employers and advisers to achieve the best result for members.”
“Very professional and engaged service.”
“Many organisations and people provide the services that clients need. In my opinion, the differentiator is in the way those services are provided and to that extent, Kathy embodies the qualities that I have come to value from PSITL. Kathy is organised but not fussy; diligent but not dogmatic; persistent without being pushy and compliant in a pragmatic way. Whilst she takes ownership and drives issues forward, Kathy is a team player who uses her and her colleagues experience to provide services to her trustee client whilst working closely with those like me representing the sponsoring employer. She works collaboratively with advisers but constructively challenges the scope of services, fees and service standards whenever necessary and makes sure that member needs are always taken into account. I enjoy working with her and trust that she will deliver what is required by the trustee and the members they represent in a manner satisfactory to the sponsoring employer. ”
“Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.”
“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. ”
Lorna acts as pensions manager and scheme secretary, ensuring client schemes run smoothly.
Lorna has, for the majority of her career, worked within in–house pension teams for larger schemes. She joined the TI & Dowty (now Smiths) pensions team in 1989 and was promoted through the ranks to Pensions Manager. She has also worked as Pensions Admin Manager & Secretary to the Trustee Board of Alstom UK, a £1.2bn scheme with over 10,000 members.
Prior to joining us in 2015, Lorna was Pensions Manager and Trustee Secretary for the Law Society. She continues to support the forum set up to keep members in touch with one another following the buy out.
Lorna’s extensive experience is combined with an enthusiastic, flexible and proactive approach. This enables her to quickly develop effective working relationships with sponsors, trustees and advisers.
Lorna acts as Secretary to a local committee to raise funding and manage building a new community hall within her local area. For the past 10 years she has also organised a stall for the local fete, in aid of local charities.
Qualifications: Fellow of the Pensions Management Institute (FPMI), PMI Trustee Certificate, BSc Econ Hons Geography.
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12 Sep 2018
The DWP’s White Paper set out the advantages consolidation can bring to defined benefit (DB) pension schemes by reducing costs per member,...
4 Sep 2018
This case study looks at the lessons we learned from a £600m buy in and our top tips when it comes to the quality of contingent spouse data.