Trustee services
What are trustee services?
Your business may have a workplace pension scheme entirely managed by an insurer or investment manager, what’s known as a contract scheme. Or it may be overseen by trustees, representing both the employer and employees. This is a trust-based scheme and we can help you run it.
Traditionally, trustees who govern defined benefit pension schemes also shared their expertise by taking on the newer workplace schemes. That means they also have legal, regulatory, compliance and communication responsibilities.
Pensions with purpose
Trustees bring know-how and experience to the task of making the company pension a valuable benefit but they face multiplying challenges. Even the most seasoned pension trustees find shifting regulation, increased complexity and economic pressures tough to balance. Our pension trustee service helps trustee boards to navigate these threats to the central purpose of the scheme: a pension worth having.
Positive support
Governance is probably the most over-used word in pensions because it’s one of the most important. It’s a catch-all term to describe the management and monitoring of a scheme to make sure it all points in the same, ultimate direction: in the best interests of its members. Simple in principle but much harder in practice when it comes to facing regulatory, economic, business and cost pressures.
There’s very little our consultants will not have dealt with before. They can do the same for you.
Holistic help
Independence is in our DNA and we always balance the employer’s needs with those of the scheme members. Taking the right steps with your workplace pension scheme leads to better value for money and greater employee appreciation, as well as greater efficiency. Here, our objectivity can add real value.
Helping improve member engagement
A global construction company in the UK realised that, despite being a high-quality pension arrangement, their pension scheme wasn’t being valued and there appeared to be low engagement from employees.
Find out how we helped the trustees turn that around:
How we do it
What we can achieve together
Members - are they getting good value?
Running an own employer trust takes time. Time that costs money. And there's a lot to do before you can add value.
If you're looking to use your pension scheme as a recruitment and retention tool, you need to prove its value to members.
Can we help make the pension arrangements fit with your goal as an employer?
Get in touch
Talk to a specialist
Our team are always happy to help.
If you have a query for us, just fill out the short form and we'll be in touch.
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