Trustees
You want to fulfil your role efficiently and to a high standard in an environment that places increasing and ever changing demands on trustees in terms of compliance, governance and time.
Our trustee clients are responsible for schemes ranging from £5 million to over £500 million in value. We will provide you with advice on all the issues that you face including:
- exercising your duties and responsibilities
- requirements of your scheme's trust deed and rules
- exercise of your discretions
- legal and practical operation of the trustee board and how you can delegate responsibilities
- legal developments
- preparing and reviewing pension documentation
- funding issues
- scheme wind-ups
- scheme mergers
- risk management such as changing the benefit structure, closing to new members, closing to future accrual, employer's proposal to enhance transfer values, buy outs and buy ins
- drafting and reviewing third party agreements such as administration and investment management agreements
- drafting and reviewing communications to members
- corporate transactions, such as mergers, acquisitions and restructuring, including clearance and avoidance, withdrawal arrangements
- compliance issues such as Pensions Act and Myners
- scheme governance issues, such as conflicts of interest
We provide trustee training which can be generic or tailored to your requirements.
We are also able to act as an additional trustee or as secretary to the Trustees please see our Independent Trustee section.