“Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.”
“The Trustee Training course is very good. Excellent coverage of material presented in an easy-to-digest manner and quality of presentation by both presenters. ”
“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.”
“PSGS were overall more professional than others.”
“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.”
“They deliver above expectation when the scheme has a particular challenge.”
Tuesday, 26 May 2015
Should pension trustees be asking their scheme administrator to undertake a reconciliation of GMPs now?
With the end of contracting out looming large for defined benefit (DB) pension schemes, and HMRC changes that will make it more difficult to query contracted out liabilities after April 2018, this is an issue facing many DB schemes.
This PSIT briefing note looks at the approaches being taken to GMP reconciliation and considers why it is necessary at all.