Client feedback

PSIT were overall more professional than others.
Paul Staniland,
They have helped us save much more and created a cohesive plan to de-risk whilst building an integrated pension team.
Sally-Anne Borrill,
​I would recommend them to anyone - I have dealt with a number of other independent trustee firms and would rate PSIT as the best. We are very happy with Mark and the service we get.
Julia Morton,
Camellia plc
The trustee training was a very well-paced overview which gave opportunity to explore ideas and question more deeply at key points.
Paul Coley,
The Altro Pension and Life Scheme
They deliver above expectation when the scheme has a particular challenge.
Ian Edwards,
The work that has been done has been delivered beyond expectations.
Head of Trustee Services
Image of Stuart Southall, Chairman

Stuart Southall


Contact Stuart


Tel 0203 327 5000


Stuart is Chairman of PS Independent Trustees (PSIT). He acts as independent chairman to a large hybrid scheme and is pro bono chair of three other defined benefit schemes.

Background & experience

Stuart trained at Duncan C Fraser & Co before its acquisition by Mercer. In 1988, he established Punter Southall with Jonathan Punter; this remains the most successful start-up in the actuarial consultancy market for over 30 years. He remains much involved with client work and, in addition to his professional trustee appointments, is scheme actuary to schemes varying in size from £15 million to £4.6 billion.

During his career Stuart has attended well in excess of 1,000 trustees’ meetings in a variety of capacities (including chair). He is fully conversant with the legislative, regulatory and good governance requirements of UK pensions and has the ability to appreciate and balance the duties and concerns of all parties to such schemes. Having grown a business from only 9 people to over 1,200 staff, Stuart has demonstrable entrepreneurial attributes and an ability to interact with and motivate a wide range of people. These skills are invaluable to running a financially efficient and operationally effective pension scheme.

Stuart was an early editor of ‘The Actuary’ magazine, has sat on the Ethics Committee of ACA, and has served as its Chairman. He is a regular speaker at client events and outside conferences and is an accredited mediator. His also sits on the Group’s Risk Management and Professional Affairs Committees.

Stuart is also a non-executive director of Neptune Investment Management Limited, a governor of two independent schools and a pro bono trustee of an educational trust.

Areas of specialism

  • chairing board meetings
  • risk management
  • actuarial issues
  • funding & investment
  • corporate transactions
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