“I found the trustee training really beneficial, highly recommended. I am not a trustee, I represent the employer and I think it will be valuable for me in future, having a better understanding of the trustees' perspective.”
“So much more proactive than the previous company. On the ball - thinking in advance of things needing doing - very proactive.”
“These days, Boards need real expertise on tap (with excellent back-up) to cope with a constantly evolving and more regulated environment. PSGS is geared to delivering that.”
“I wanted to look at the effectiveness of our trustee board, so Gillian, our PSGS scheme secretary, provided their trustee self-assessment tool to help me gather thoughts and opinions from others on the board. The tool was extremely easy to use and asked all the right questions to help me collect the information I needed as Trustee Chair. It is a great example of the way PSGS shares knowledge with their clients and makes dealing with key governance issues easy. As well as enabling me to meet one of the Regulator’s 21st century trusteeship requirements, using the tool has flagged trustee training needs and ways we could improve trustee meetings further. ”
“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.”
We act for DB and DC pension schemes as:
We were appointed as Chair of the Grisewood & Dempsey scheme. The most recent valuation showed a 51% funding level with a £5.3million deficit. Combined with a weak employer covenant, this represented a significant challenge to the trustees and sponsor.
We provided professional guidance and support to our co-trustees, enabling strategic decisions to be taken that have ensured the scheme’s funding position has been well managed and the point of wind up has been reached. In particular, we helped the trustees:
There are many reasons why you might appoint a professional pension trustee, so it is important you find the pension trustee company that offers the right skills and expertise for your particular scheme and situation. As well as those that are particular to you and your pension scheme, key factors to consider include:
Our reputation has been built on excellent client service. We build long-term relationships and have an open and constructive style of working to help our clients meet the challenges they face and achieve the goals they have set for their scheme.
In many cases, our role as professional independent trustee is to:
If you are considering appointing an independent pension trustee for the first time or are reviewing your current professional trustee appointment, why not find out more about the benefits of working with PSGS?
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Read PSGS’s de-risking survey results
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