Sole Trusteeship
Our appointment as Sole Trustee has been helping our clients manage their pension schemes compliantly and cost effectively for over 20 years. We are seeing the demand for our expertise increase and our service continues to evolve to deliver the very highest standards of sole trusteeship in today’s increasingly complex pension world.
The added value of appointing a Sole Trustee
Appointing a sole trustee can resolve many of the challenges of managing mature pension schemes and can enable your pension scheme to be run cost-effectively. Our appointment helps you to sleep at night secure in the knowledge that your pension scheme is meeting all of the necessary standards of compliance whatever challenge or change in legislation may arise. Pi Pension Trustees have been providing Sole Trustee services for over 20 years and are one of the main providers of independent pension trustee services in the UK with significant experience in sole trusteeship with over half of our trustee appointments now as Sole Trustee.
At Pi Pension Trustees we have a highly collaborative approach and each of our Sole Trustee appointments will have two named trustees appointed with complementary skills to meet your specific requirements. Our approach is to provide a proactive and strategic service that delivers the following:
- An open and dynamic approach with the Scheme Sponsor.
- Annual meeting focused on establishing clear strategic objectives for the Pension Scheme in conjunction with the Scheme Sponsor .
- Established appointment process designed to take on a new scheme as efficiently as possible
- Annual operational meeting with the Scheme Advisers to ensure services are delivered cost-effectively and to the required standard.
- Regular action driven updates to progress issues, manage risks and control budgets.
We believe it is essential for sole trustees to have a robust governance framework within the trustee organisation. This includes a rigorous peer review system and all our sole trustee appointments are subject to independent scrutiny by our Governance and Compliance Committee. This provides additional security for both the employer and scheme members. Our trustee appointment processes and procedures are also independently audited on an ongoing basis, ensuring compliance with the Assurance Reporting Framework (AAF02/07).
How a Sole Trustee can help
Our pension trustee services and fees are tailored to meet the specific needs of your pension scheme and we are happy to agree fixed fees where possible.
Have a question?
Contact us on 020 8879 6500 or enquiries@pipg.co.uk