Services
Scheme Governance
Regulation in recent years has extended to almost every aspect of scheme governance. Trustees and employers now need to be aware of both statutory regulations which may impact upon the administration of their pension schemes and the many guidance notes and codes of practice issued by The Pensions Regulator which do not have legislative force.
The inevitable consequence of all this regulation is that trustees and employers have become concerned that they may be breaching some requirement of which they are not aware.
Pension Partners is able to assist both trustees and employers in understanding the full extent of their statutory compliance. It operates a professional trustee company, Pension Partners Trustee Limited, and so is fully aware of the difficulties faced by trustees in administering pension schemes whilst providing an appropriate audit trail. It is able to advise in general on all required paperwork and policies, including:
- conflict of interest
- risk management
- selection of advisers
- the actuarial valuation process
- trustee knowledge and understanding
- notifiable events
- clearance applications
- scheme returns