Our Approach to Trusteeship
• Our principal objective is to ensure, so far as we are able to do so, that the trustee boards on which we sit carry out their trustee responsibilities effectively and efficiently. In doing this we seek to be both principled and pragmatic.
• We see the principal objectives of the trustees of a pension scheme as being to ensure that the members of the scheme receive their benefits in accordance with the provisions of the scheme and the law and that, as far as the trustees are able, sufficient assets are available and contributions are paid for that purpose.
Our objectives, philosophy and values are characterised by our:
Professionalism - a full-time professionally qualified and experienced team operating from the same office.
Independence – specialising in trusteeship with no other services to promote to pension schemes.
Reliability and continuity – a corporate structure supporting individual involvement whilst also providing continuity.
Experience – of over 200 schemes with a full range of trustee bodies, benefit structures and investment management and administration arrangements.
Knowledge of governance and regulation – dealings with all the main actuaries, lawyers, investment consultants, fund managers, scheme administrators and regular contact with the Pensions Regulator.
Delegation – seeking to delegate non-key issues and allow existing management and consultation arrangements to continue.
Constructiveness – in working together with co-trustees from different backgrounds.
Cost effectiveness – a wide practical experience of investment, control and administration arrangements which can improve quality and reduce costs.
Flexibility – our ability and capacity to adapt to changing circumstances.
Innovation – introducing new ideas and concepts to our schemes to further promote efficiency and effective governance.