“I enjoy working with PSGS and we have a very positive relationship. I was new to pensions and found them very helpful.”
“In my experience, not all professional trustees are able to cope with tricky or potentially confrontational situations. I find PSGS has massive experience in getting involved, earning the respect of others and resolving such issues. They get stuck in – they are a first rate team.”
“PSGS offered the right support at very short notice, at reasonable cost, when we really needed it”
“We are extremely pleased with the appointment we made. The way Ian and Kerry react to us and work with us is brilliant. We are very happy.”
“PSGS were overall more professional than others.”
“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.”
Stuart acts as independent chairman to a large hybrid scheme and is pro bono chair of three other schemes.
Stuart trained at Duncan C Fraser & Co before its acquisition by Mercer. In 1988, he established Punter Southall with Jonathan Punter. This was the most successful start-up in the actuarial consultancy market for over 30 years.
Stuart has worked with pension schemes varying in size from £15 million to £4.6 billion. Having worked in the roles of trustee, scheme actuary and sponsor adviser, he is able to balance perspectives between the fiduciary responsibilities of trustees and duties owed to scheme sponsors. He has extensive knowledge of mergers and reconstructions of large schemes, of liability management exercises and has been involved in buy-ins and buy-outs.
During his career, Stuart has attended well in excess of 1,000 trustees’ meetings. He is fully conversant with the legislative, regulatory and good governance requirements of UK pensions and has the ability to appreciate and balance the duties and concerns of all parties to such schemes.
Having grown a business from only 9 people to over 1,200 staff, Stuart has demonstrable entrepreneurial attributes and an ability to interact with and motivate a wide range of people. These skills are invaluable to running a financially efficient and operationally effective pension scheme.
Stuart was an early editor of ‘The Actuary’, has sat on the Ethics Committee of ACA, and has served as its Chairman. He is a regular speaker at client events and outside conferences and is an accredited mediator. He is also a non-executive director of Neptune Investment Management Limited, a CEDR qualified mediator, a governor of two independent schools and a pro bono trustee of an educational trust.
Qualifications: Fellow of the Institute and Faculty of Actuaries, MA Hons Mathematics.
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