Client feedback

“Wish I'd had the opportunity to do the Trustee training course sooner! ”

Stuart Atkins,

Raleigh UK Ltd

“The trustee training course covered a wide variety of subjects which gives a good basis for future discussion and decision making during trustee meetings.”

Jean-Paul Gobel,

Heerema

“Excellent, very strong relationship. Good understanding of our needs. We can absolutely rely on PSGS. ”

David Onion ,

Volvo Group

“PSGS were overall more professional than others.”

Paul Staniland,

Kier

“Expertise - independent - takes the strain off.”

Kelly White,

Tussauds

“Brilliant to work with - inspiring confidence that risks are anticipated and well-managed, and adding huge value by sharing expertise and best practice.”

Mark Berry,

RM

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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