INDEPENDENT PENSION TRUSTEESHIP

INDEPENDENT PENSION TRUSTEESHIP

The legal requirements and the importance of governing your pension provisions professionally, prudently and ‘with knowledge’ is rightfully an essential part of managing your employee benefits. Specifically, if you operate a Trustee Board then The Pension Regulator (TPR) requires Trustees to ‘act impartially’.

Having an Independent Trustee, in addition to having member and company nominated Trustees, can provide further strength and depth to a Trustee body. Independent Trustees can help manage and reduce potential conflicts of interest by providing valuable external perspectives to the governance of your scheme. This is something that our team is both qualified and well-versed in.

The legal requirements and the importance of governing your pension provisions professionally, prudently and ‘with knowledge’ is rightfully an essential part of managing your employee benefits. Specifically, if you operate a Trustee Board then The Pension Regulator (TPR) requires Trustees to ‘act impartially’.

Having an Independent Trustee, in addition to having member and company nominated Trustees, can provide further strength and depth to a Trustee body. Independent Trustees can help manage and reduce potential conflicts of interest by providing valuable external perspectives to the governance of your scheme. This is something that our team is both qualified and well-versed in.

THE PENSION REGULATOR (UK) STATE “GOOD GOVERNANCE IS ABOUT HAVING MOTIVATED, KNOWLEDGEABLE AND SKILLED TRUSTEES IN PLACE”

Therefore, to SUPPORT and help PROTECT we can provide an experienced Independent Trustee (members of the Pension Management Institute) to strengthen your Trustee board. If you believe that strengthening your Trustee body is important in relation to fulfilling your statutory and fiduciary responsibilities, then please contact us.

Therefore, to SUPPORT and help PROTECT we can provide an experienced Independent Trustee (members of the Pension Management Institute) to strengthen your Trustee board. If you believe that strengthening your Trustee body is important in relation to fulfilling your statutory and fiduciary responsibilities, then please contact us.

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