“Highly informative. Having leading professionals deliver the TKU course really adds value.”
“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.”
“The trustee training course covered a wide variety of subjects which gives a good basis for future discussion and decision making during trustee meetings.”
“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.”
“Many organisations and people provide the services that clients need. In my opinion, the differentiator is in the way those services are provided and to that extent, Kathy embodies the qualities that I have come to value from PSITL. Kathy is organised but not fussy; diligent but not dogmatic; persistent without being pushy and compliant in a pragmatic way. Whilst she takes ownership and drives issues forward, Kathy is a team player who uses her and her colleagues experience to provide services to her trustee client whilst working closely with those like me representing the sponsoring employer. She works collaboratively with advisers but constructively challenges the scope of services, fees and service standards whenever necessary and makes sure that member needs are always taken into account. I enjoy working with her and trust that she will deliver what is required by the trustee and the members they represent in a manner satisfactory to the sponsoring employer. ”
“PSGS was chosen because of their knowledge of the subject and awareness of our particular schemes.”
Legal & governance
Wednesday, 20 May 2020
With many new challenges to face thanks to the Covid-19 pandemic, it’s easy to think an employer’s defined benefit (DB) pension scheme would fall a long way down the list. The reality is, pension decisions and actions taken now could make a real difference to a business’ chance of survival.
To coincide with our appointment to the Pension Protection Fund’s (PPF) new restructuring and pre-insolvency services panel, our new briefing note - Dealing with distress: help for pension scheme sponsors & trustees - summarises some of the key considerations and options for DB pension schemes with a sponsor in financial difficulty.
PSGS has been assisting employers and pension trustee boards in stressed situations for years. Sharing our experience, we can help find solutions at every stage of the distressed pension scheme journey and save both the employer and pension scheme, where possible.
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