Client feedback


​I enjoy working with PSGS and we have a very positive relationship. I was new to pensions and found them very helpful.
Bruce Allison,
RTUK
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.
Katherine Dandy,
Partner at Sackers & Partners
​We are extremely pleased with the appointment we made. The way Ian reacts to us and works with us is brilliant. We are very happy.
Katherine Cross,
Tyser
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
They have helped us save much more and created a cohesive plan to de-risk whilst building an integrated pension team.
Sally-Anne Borrill,
T-Systems
We now have a very collaborative approach between trustees and employer.
Peter Millard,
Company Secretary, TRL Limited
image for Workplace pensions | Pensions governance | IGCs | GAAs | Workplace governance committees

Governance for workplace pension providers

Financial Conduct Authority (FCA) rules require workplace pensions providers to have governance committees in place to ensure minimum governance standards are met.


The requirement applies to all providers of contract-based workplace pension schemes, including group personal pensions (GPPs), group stakeholder pension schemes and group self invested personal pensions (group SIPPs).

The type of pensions governance committee you need depends on how large and complex the scheme you operate is.

These governance committees will act in the interests of pension members, assess the workplace pension scheme's value for money and, when needed, raise independent challenge to you, the scheme provider.

Workplace pension governance committees: an effective solution

Independent Governance Committees (IGCs) must have a minimum of five members, including an independent chair.

  • PSGS is ideally placed to act as independent chair to (or member of) your workplace pension scheme’s IGC. With decades of experience acting as chairman of the trustees for pension schemes, our extensive knowledge and experience would be a valuable addition to your pensions governance committee.

Providers of smaller, less complex schemes may appoint an independent third party to act as a Governance Advisory Arrangement (GAA).

  • PSGS can provide an independent committee of five from our experienced pension trustee team; or three committee members to work with two individuals you nominate.

We can also provide professional secretarial services to pension scheme governance committees to ensure they are run efficiently, decisions are accurately recorded and actions are promptly followed up and managed.

To find out more about how we can help your IGC or GAA be truly effective, please contact us to talk it through.

Speak direct to our specialist in this area

Picture of Simon Riviere, client director at PSIT

Simon Riviere

Client Director

Or call us on:

0845 313 0024

Read more

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Value for money & default fund design

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PSGS IGC services

Find out more about Independent Governance Committees

PSGS GAA services

More details about Governance Advisory Arrangements


Call: 0845 313 0024

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