Are you a Company Pension Trustee?
In an era of increasing scheme regulatory complexity and cost it is now possible to have an external trustee who can bring expertise to scheme governance hence mitigating the risk and obligations on you.
For example Zurich life have Zurich Trustee Services Limited (ZTSL) ZTSL, a separate legal entity to Zurich Life has a trustee board of directors who are responsible for providing high quality scheme governance. Meeting formally each quarter they responsibilities include
- Reviewing investment performance and the schemes default investment strategy
- Monitoring and reviewing the administrator performance
- Managing the relationships with pension Authority, Revenue and Financial Services & Pensions Ombudsman
- Trustee Administration and Governance reporting.
Should you require assistance with engaging an independent trustee for you company pension scheme I will be delighted to assist.
Alan Considine QFA