Corporate Trustee service

The Pensions Trust takes care of pension scheme trusteeship on behalf of all its member organisations. We have extensive experience of dealing with money purchase (defined contribution), final salary and CARE (Career Average Revalued Earnings) (defined benefit) arrangements.

There are a number of reasons why passing trusteeship responsibilities to the Trust may be important to you:

You may feel the increasing complexity of pension legislation and potential penalties for non-compliance (such as fines or even imprisonment) are too onerous for your current trustees.
You may be looking for access to a wealth of practical experience and technical knowledge.
You may be looking to increase cost efficiency.
You may be looking for continuity during changes to the structure of your organisation, which could mean frequent changes to your trustees.

The Trust does everything required for the management of your trust-based pension scheme and will ensure that you comply with the law as it relates to your scheme.

As part of our comprehensive service we:

Arrange elections to the Trustee Board with the Electoral Reform society.
Act as scheme secretary by drafting agendas, taking minutes and issuing notices of meetings.
Administer payments from, and act as signatory to, scheme bank accounts.
Provide diary management to ensure all deadlines are met, such as scheme accounts, valuations and member communication requirements.
Manage relationships between parties, such as insurance companies, actuaries, auditors, investment managers and regulatory bodies.