Client feedback


Excellent service - as expected and why PSGS was chosen.
Stuart Barker ,
Independent Occupational Pensions Consultant, RSPCA
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.
Ray Pygott,
Partner at KPMG LLP
The work that has been done has been delivered beyond expectations.
Head of Trustee Services
It’s a pleasure working with key members of the PSGS team: their experience and leadership means that they know how to get the job done, working in partnership with fellow trustees, employers and advisers to achieve the best result for members.
Mark Smith,
Partner at Taylor Wessing
When requesting information by email, I have noticed that there is 'out of hours activity' to answer me. I regard this as a stand out 'above and beyond' - impressed.
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

Future of trusteeship and governance consultation response

Topic:

Hot topic

Date published:

Wednesday, 25 September 2019

PSGS supports The Pensions Regulator (TPR) in its drive to raise the standards of pension trustee knowledge and understanding and wholeheartedly agrees requirements should be more onerous for professional trustees.

However, we feel further legislation is too heavy a solution as it would add additional governance costs onto schemes and employers and put off lay trustees from undertaking the trustee role. The worst possible result for defined benefit (DB) schemes is to bring in the over regulation that has blighted defined contribution (DC) schemes over the last few years.

Read our full response to TPR's future of trusteeship and governance consultation below.

 

Download consultation response

 

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