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We now have a very collaborative approach between trustees and employer.
Peter Millard,
Company Secretary, TRL Limited
They deliver above expectation when the scheme has a particular challenge.
Ian Edwards,
Comet
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
We chose PSGS because of the experience of the team and the feel of the relationship seemed the right fit.
Paul Staniland,
Chair of Governance Committee, Kier Group Pension Trustees
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Mark Berry,
RM
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Will Court

Transfers to improper vehicles: the trustee’s perspective

Topic:

Legal & governance

Date published:

Friday, 2 October 2015

Pension transfers are putting trustees in an awkward position with pressure coming from several sides. Members increasingly want quick access to their pension fund, but The Pensions Regulator is clear about the part trustees should play in trying to stop transfers to improper vehicles proceeding. Investigating where a transfer is going can be time consuming, but the Pensions Ombudsman is being particularly tight on timescales.

 

Read a trustee's view on transfers

 

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