Client feedback


PSIT offered the right support at very short notice, at reasonable cost, when we really needed it
Ian Edwards,
Chair of Trustee, Comet Pension Scheme
It’s a pleasure working with key members of the HR Trustees team: their experience and leadership means that they know how to get the job done, working in partnership with fellow trustees, employers and advisers to achieve the best result for members.
Mark Smith,
Partner at Taylor Wessing
In any major corporate transaction, time is of the essence. HR Trustees’ pragmatic commercial approach helped us manage the pensions aspects of our group re-structure to ensure a positive outcome for all parties.
David Wilman,
CFO at Survitec Group
Where HR Trustees are appointed to act in conjunction with an existing body of trustees, we have found that they are quickly able to fit in well and gain the trust and respect of their co-trustees.
Duncan Buchanan,
Partner at Hogan Lovells
​Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.
Mark Assinder,
Bouygues
These days, Boards need real expertise on tap (with excellent back-up) to cope with a constantly evolving and more regulated environment. HR Trustees is geared to delivering that.
Ray Pygott,
Partner at KPMG LLP
Image of Stuart Southall, Chairman

Stuart Southall

Chairman

Contact Stuart

London

Tel 0203 327 5000

Role

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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