Client feedback

“Very happy with PSGS as an organisation and that opinion is derived from the performance of those that represent them.”

Sean Hoyle,

Wightlink

“Ever increasing regulation has placed a heavy burden on trustees both in terms of time and the risk of non-compliance. PSGS has the experience and the resources to help trustees manage these burdens.”

Mark Atkinson,

Partner at CMS Cameron McKenna

“Very broad, comprehensive trustee training course covering a wide range of topics. Excellent!”

Tom Graham,

Star Group Pension Scheme

“In any major corporate transaction, time is of the essence. PSGS's pragmatic commercial approach helped us manage the pensions aspects of our group re-structure to ensure a positive outcome for all parties. ”

David Wilman,

CFO at Survitec Group

“We now have a very collaborative approach between trustees and employer.”

Peter Millard,

Company Secretary, TRL Limited

“Great communication and practical help.”

PSIT expands with HR Trustees merger

Topic:

Hot topic

Date published:

Thursday, 7 December 2017

We are pleased to announce that Punter Southall Group has agreed to purchase the Reading based HR Trustees from Xafinity plc. HR Trustees will form part of PS Independent Trustees (PSIT), Punter Southall Group’s trustee company, and will be completely independent of the new Xafinity Punter Southall business.

The purchase enables us to expand the depth and breadth of PSIT’s professional trustee, scheme secretarial and pensions governance offerings. The HR Trustees team members are expected to transfer in early January 2018, bringing the total PSIT team to nearly 40 people.

The acquisition means PSIT will become the UK’s second largest professional trustee company by turnover and will be truly independent of any pension scheme advisers. The combined business will look after well over 200 clients with total assets of over £30bn and covering over 300,000 scheme members.

We look forward to welcoming our new colleagues from HR Trustees. Combining the two businesses is truly exciting and will enable us to make further investment in both our delivery and range of client services.

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