Client feedback


​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
I wanted to look at the effectiveness of our trustee board, so Gillian, our PSIT scheme secretary, provided their trustee self-assessment tool to help me gather thoughts and opinions from others on the board. The tool was extremely easy to use and asked all the right questions to help me collect the information I needed as Trustee Chair. It is a great example of the way PSIT shares knowledge with their clients and makes dealing with key governance issues easy. As well as enabling me to meet one of the Regulator’s 21st century trusteeship requirements, using the tool has flagged trustee training needs and ways we could improve trustee meetings further.
Claire Silvester,
Vector Aerospace
PSIT were overall more professional than others.
Paul Staniland,
Kier
​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
They deliver above expectation when the scheme has a particular challenge.
Ian Edwards,
Comet
Image of Wayne Phelan, Managing Director

Wayne Phelan

Managing Director

Contact Wayne

Reading

Tel 0118 207 2911

Role

Wayne is Managing Director of PS Independent Trustees Limited (PSIT). His clients range from small independent companies to multinationals listed in the UK, Ireland and overseas. The largest sponsor has a turnover in excess of £5bn.

Background & experience

Wayne started his pensions career with Prudential in the specialist area of Small Self Administered Schemes working on direct pension scheme investment.

He continued in this role with Alexander Clay & Partners, working with larger occupational pension schemes. He also undertook secretary to the trustees, pensions manager and consultant roles on international clients.

In 2001, Wayne moved back to concentrate on acting solely as a professional pension trustee. Before joining PSIT, he was a director of another trustee business where he was appointed by the Pensions Regulator to the failed MG Rover pension arrangements.

Wayne is a member of the Group Governance Technical Committee. He also leads our research into de-risking and delegated investment management propositions. He has worked on many high profile trustee appointments, been involved in several industry initiatives and is a regular speaker at industry events.

Outside of work, Wayne loves motorised vehicles - be they cars, bikes or boats!

Areas of specialism

  • funding discussions & negotiation of contingent assets
  • trustee effectiveness
  • investment strategy
  • multi-scheme investment committees
Hot Topic
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