“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.”
“So much more proactive than the previous company. On the ball - thinking in advance of things needing doing - very proactive.”
“PSGS was chosen because of their knowledge of the subject and awareness of our particular schemes.”
“PSGS were overall more professional than others.”
“The work that has been done has been delivered beyond expectations.”
“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. ”
Legal & governance
Tuesday, 6 June 2017
An argument has been made for defined (DB) pension schemes to copy corporate governance structures to boost the accountability of pension trustees. Professional Pensions correspondent James Phillips explored this idea in his recent article, which quotes PSIT's Wayne Phelan.
You can read the article on the Professional Pensions website at: Should DB governance emulate the corporate world?