Trusteeships -

Trusteeships

Trustee appointment is the appropriate way to manage pension schemes, as confirmed
in the Pensions Board’s Trusteeship Review report.
The type and level of service required can be tailored to your specific scheme. This may include how frequently trustee meetings are held, how often investments are reviewed or when the administration is reported on.
Flexibility in terms of who the primary contacts are for the scheme, such as the employer representative (MD, Financial Controller or HR Department), the benefit consultant or the administrator.

Dedicated point of contact and streamlined administration service
Timely issue of reports, correspondence and statements
Systems in place to ensure documentation issued is accurate, up to date and meets all
the disclosure requirements within the statutory timeframes

Initial review of the scheme documentation and updates made where required
Annual trustee meetings organised and documented correctly
Annual administration report completed so the level of service can be monitored
Review Investment Management Agreements and ensure that a Statement of
Investment Policy and Principles is in place where appropriate.
Liaise with the scheme administrator to ensure compliance with all aspect of the
Pensions Act. Particularly with respect to Benefit Statements, Statements of Reasonable
Projection and completion of Trustee Annual Reports.

Continuous trustee training and attendance at industry seminars
High level contact and interaction with Revenue and the Pensions Board
Monitoring legislative changes, regulatory updates and professional guidelines
Considerable experience of our professional employees in pension scheme
administration, management and trusteeship