Client feedback

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.
Claire Silvester,
Vector Aerospace
​I enjoy working with PSGS and we have a very positive relationship. I was new to pensions and found them very helpful.
Bruce Allison,
Back in the day there was a large trustee board, with several independents (from the financial world) and the ex-Chairman of the company was offered the role as Chair of Trustees as a sweetener when he stepped down. Unionised company then divided - broad range of active members. They needed some expertise, consistency and leadership during this time. Wanted a serious/professional to lead and guide the trustees.
Dave Benstead ,
Diodes Zetex
The trustee training was a very well-paced overview which gave opportunity to explore ideas and question more deeply at key points.
Paul Coley,
The Altro Pension and Life Scheme
​Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.
Mark Assinder,
Excellent support leading fiduciary management tender and availability during difficult pandemic period. Pragmatic, helpful approach and lovely to deal with.
Mark Berry ,
image for Single code of practice | Effective system of governance

Single code of practice

The Pensions Regulator (TPR) is implementing a new governance framework for pension schemes called the single code of practice (the code) which requires governing bodies to establish an ‘effective system of governance’ (ESOG).

The code is a consolidation of existing codes, new modules and updates, with requirements proportionate to the size, nature and complexity of your scheme.

PSGS can help pension trustee boards comply with TPR’s code by:

  • providing training to trustee boards
  • undertaking a gap analysis
  • recommending actions based on the gap analysis
  • developing project plans to ensure an ESOG
  • implementing required changes to demonstrate compliance
  • ongoing review of ESOG framework
  • carrying out an own risk assessment (ORA)
  • independently review your pension scheme’s internal controls framework (internal audit function)

Get in touch or download our service flyer and see how PSGS can help make the process as streamlined as possible.

Speak direct to our specialist in this area

Picture of Gillian Graham pension secretary at PSSS

Gillian Graham

Client Director

Or call us on:

0118 207 2900

Read more

PSGS blog

How does the new code of practice impact the role of a scheme secretary?

CMS webinar

CMS Pensions LawCast – Episode #28 – The TPR Single Code

PSGS blog

5 key pensions issues for 2022

Briefing note

Single Code of Governance: 10 things every trustee should know about TPR's consultation

PSGS blog

Why protecting against cyber crime must be high on the agenda for UK pension schemes

PSGS blog

Navigating the journey to consolidation

Call: 0118 207 2900

online enquiry