Client feedback

“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

“The Trustee training was very interactive and the presenters were engaging - thank you.”

Nick Marsh,

Comet Pension Scheme

“The team provide an excellent service with practical and commercial input that we have not found with anyone else.”

Mark Culwick,

Binding Site

“Mark Fletcher - excellent independent trustee, personality and high standards.”

Sukhjit Dhillon ,

RATP

“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

“Gillian has gone above and beyond what we would normally expect of our secretarial support on many occasions and her deep knowledge on all issues have been invaluable.”

Sean Hoyle ,

Wightlink

Only 56% of pension trustee boards assess their performance – trustee effectiveness research

Topic:

Legal & governance

Date published:

Tuesday, 27 August 2019

The Pensions Regulator (TPR) made trustee board effectiveness central to good pension scheme governance. We wanted to find out how far pension trustees have come on their effectiveness journey.

The three key themes emerging from our survey are:

1. Too few pension trustee boards are assessing their performance and those that do are not doing so very effectively.

2. Fundamental basics aren’t being achieved by all trustees on a board – including being well prepared for meetings, actively participating in discussions and understanding the strategy and direction of their pension scheme.

3. Start as you mean to go on – boards are less effective when there’s no formal process for bringing on board new trustees.

Download the full effectiveness of pension trustee boards survey results to find out what’s going well and where there’s room for improvement.

Download the results

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