- Why appoint a professional trustee
- Adding value
As Independent Trustee of our Pension Scheme, PTL bring a depth of knowledge, experience, expertise and professionalism to the trustee meetings that we as lay trustees and management representatives cannot hope to emulate and we appreciate their input, guidance and support on all aspects of the subject.
Standard Group UK Pension Scheme & HR Director, Alliance One International Services Ltd
When we launched our Master Trust proposition, we felt it was extremely important to appoint an independent trustee, and following a rigorous selection process we were delighted to appoint Pitmans Trustees Limited. Since our launch, we have continued to work closely with PTL and have strengthened our partnership. They are both pragmatic and positive in supporting our evolving developments, whilst still retaining a strong focus on good member outcomes.
Michael Craig, Standard Life
We appointed PTL as Independent Trustee to our Board in 2011 and have already found their practical approach, depth of experience and “can do” attitude to be of great benefit. Their on-going guidance and support will be crucial in ensuring the best outcome for the Scheme no matter what the future has in store.
Group Finance Director, Wilfred T. Fry Group
As both a company Finance Director and Trustee of some of the company’s pension schemes I recognised the need to increase the knowledge of our trustee boards as well as to correctly manage conflicts of interest. We sought out an Independent Chairman of Trustees for our various schemes. We wanted someone who was properly qualified, had extensive knowledge and experience and a practical approach whom we could work with rather than against. I expect in this regard we are no different to many medium sized companies with old defined benefit schemes. What surprised us is that there are so few such people around. We were glad to find Richard Butcher. His appointment strengthened the pension schemes’ governance for the benefit of the members whilst at the same time gave the company someone it could work with.
Group Finance Director, Carter Thermal Industries
Since instructing PTL, the trustee team feels far more confident and comfortable making decisions on the wide range of issues that are generated by the scheme. This includes changes in pension legislation, member and company issues. The meetings are more focused which enable quicker and more considered decisions. We definitely benefit from the professional, up to date knowledge and experience.
Deloro Stellite Pension Plan