Client feedback

“We have a good partnership the team really understand what we need and our knowledge eg budgets - "we don't have a referee" - very helpful. Challenge advisers but with a practical objective. Thanks to PSGS, GMP equalisation has been just a process. ”

Stephen Allaker ,

Bristol Myers-Squibb

“PSGS offered the right support at very short notice, at reasonable cost, when we really needed it.”

Ian Edwards,

Chair of Trustee, Comet Pension Scheme

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

David Onion ,

Volvo Group

“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.”

“Ian has added more value than we thought he would at the start… which shows it pays to go with someone who is doing the job of a professional trustee as their bread and butter.”

Katherine Cross,

Tyser

“Very responsive to any queries we have and proactive in managing our scheme to the best. Very happy with the support we are getting.”

Caroline Rand ,

Historic Royal Palaces

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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