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“Alex is the first professional trustee we have had and has revolutionised the way they look at things - helped above and beyond.”

Angela Clayton,

Accent Group

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

David Onion ,

Volvo Group

“Kathy, may l take this opportunity to thank you for your assistance. There were many times l thought l was losing my mind during my efforts with Aviva. You were a pillar of support for me and you saw my case through to the very end. I cannot thank you enough but thank you again. It is through people like you who strive for professional fairness as well as thoroughness, HCA has such a good reputation.”

Ethel Chimutwe,

HCA International Ltd Staff Retirement Benefits Scheme

“Stuart is a very experienced and good leader and certainly has met expectations.”

Christopher MacFarlane ,

Bristow Group

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Wendy Stansfield,

Vector Aerospace

“The work that has been done has been delivered beyond expectations.”

Head of Trustee Services

Improving outcomes for members of DC pension schemes consultation response

Topic:

Hot topic

Date published:

Tuesday, 10 November 2020

PSGS’s response to the ‘Improving outcomes for members of defined contribution pension schemes’ consultation was very much clarity comes through simplicity. The risk, by no means new, is sensible principles become less effective in practice because of the volume and complexity of requirements pension trustees need to meet.

All defined contribution (DC) pension scheme members deserve good value. Whilst the policy intent to consolidate smaller DC schemes to bring about good value is to be welcomed, some of the proposals could actually increase complexity and/or cost – two factors that work against achieving good value.

Read a summary of our response to the consultation below.

Download consultation response

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