“PSGS offered the right support at very short notice, at reasonable cost, when we really needed it”
“I learnt more than I expected to at the trustee training course. A good introduction to the trustee role.”
“I would recommend them to anyone - I have dealt with a number of other independent trustee firms and would rate PSGS as the best. We are very happy with Mark and the service we get.”
“We now have a very collaborative approach between trustees and employer.”
“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.”
“In my experience, not all professional trustees are able to cope with tricky or potentially confrontational situations. I find PSGS has massive experience in getting involved, earning the respect of others and resolving such issues. They get stuck in – they are a first rate team.”
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.
In this case study, the trustees decided not to obtain an independent covenant review, but...
A good place to start is requesting a copy of our D&I guide for pension trustees and pension...