Client feedback


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.
Ray Pygott,
Partner at KPMG LLP
PSGS were overall more professional than others.
Paul Staniland,
Kier
They deliver above expectation when the scheme has a particular challenge.
Ian Edwards,
Comet
​They are very proactive and full of new ideas, they've brought better scheduling and better minute sets.
Paul Rudd,
Express Newspapers
The team provide an excellent service with practical and commercial input that we have not found with anyone else.
Mark Culwick
The trustee training course covered a wide variety of subjects which gives a good basis for future discussion and decision making during trustee meetings.
Jean-Paul Gobel,
Heerema
image for Escrow agent  | Independent third party | Escrow accounts

Escrow agent

Funds sometimes need to be set aside (in ‘escrow’) under the control of more than one party to be used in specific circumstances.

In the pensions context, the account would hold monies paid by the pension scheme sponsor. Funds are protected and would only be released to either the pension scheme or the employer when certain pre-agreed trigger points are reached. Escrow accounts are often used at the time of a corporate acquisition or disposal to help manage risk and deliver certainty and security.

We act as an independent third party managing both pension and non-pension escrow accounts.

Why use a third party to manage an escrow account?

In addition to handling all fiduciary duties and managing the receipt, investment and payment of funds, an added advantage of an escrow account managed by a third party is that the funds will be preserved in the event of an insolvency.

To learn more about escrow accounts and our escrow agent service, please contact us.

Speak direct to our specialist in this area

Picture of Claire Teagle Divisional Director at HR Trustees

Claire Teagle

Divisional Director

Or call us on:

0118 207 2900

Read more

Hot topic

The sole trustee shift

PSGS opinion

It seemed like a good idea at the time...

Case study

Trustees in Valentine's Day slog

Reducing the risk of sponsor insolvency

Read the case study

PSGS interview

Stuart Southall talks about what he wants to bring to professional trusteeship

Funding & investment

What independent trustees think of the CMA review


Call: 0118 207 2900

online enquiry