Client feedback


Very happy with PSGS as an organisation and that opinion is derived from the performance of those that represent them.
Sean Hoyle,
Wightlink
The trustee training was a very well-paced overview which gave opportunity to explore ideas and question more deeply at key points.
Paul Coley,
The Altro Pension and Life Scheme
As a pensions novice, I felt that the trustee training course gave me a good grounding.
Will Court
Very broad, comprehensive trustee training course covering a wide range of topics. Excellent!
Tom Graham,
Star Group Pension Scheme
Appointing Kevin as KBC professional trustee was one of the best decisions the bank took. He complements the other two trustees and also appreciates the position of the employer too. The experience a professional trustee adds is invaluable and they can share their knowledge and market practice within the KBC plan. Kevin manages the budget in consultation with the bank, fully debriefs all parties and maintains a constant dialogue with myself (as HR Manager) and trustees. Since we have worked together for a number of years, Kevin also appreciates some of the limitations we face ie budgets, and always comes up with a proactive approach and solution. His input is particularly valued by the bank trustee who is an actuary in our pensions department in Belgium Head Office.
Sharron King,
KBC Bank
Excellent and comprehensive training course. I will definitely refer to what I've learned and received.
Kyp Kyprianou,
Bam Construction UK Ltd

21st century trusteeship and governance

Topic:

Legal & governance

Date published:

Monday, 8 August 2016

HR Trustees would like to make clear our support for the focus on ensuring that the industry is served by trustees that best represent the interests of members. The environment for schemes is becoming increasingly complex and funding levels and sponsor finances mean that there are often no easy answers to the questions facing trustees today.

We append responses to the 13 questions posed here. We suggest that a distinction is created between underperforming schemes who have the resources to improve governance, processes and investment strategies and those who lack quality in these areas due to severe sponsor wherewithal shortfalls. In the former case, we broadly agree with TPR’s approach to create additional structure but not additional regulatory burdens upon them. In the latter case, it must be worth exploring mechanisms such as consolidation or routes to ease the paths to compromises that relieve the pressures on both sponsors and member outcomes.

 

 

Back to opinions

 

Hot topics


PSGS & 20-20 Trustees merge to form Vidett
Hot Topic

Punter Southall Governance Services (PSGS) & 20-20 Trustees (20-20) have today announced they...

Read more »


Don’t be surprised that your gilt funds are being treated like an emerging market
Image of Hot Topic author Sophia Harrison, Client Director

You may have seen or heard about the article in the Financial Times about how Insight...

Read more »


More opinions »


Call: 0118 207 2900

online enquiry