Client feedback


Many organisations and people provide the services that clients need. In my opinion, the differentiator is in the way those services are provided and to that extent, Kathy embodies the qualities that I have come to value from PSITL. Kathy is organised but not fussy; diligent but not dogmatic; persistent without being pushy and compliant in a pragmatic way. Whilst she takes ownership and drives issues forward, Kathy is a team player who uses her and her colleagues experience to provide services to her trustee client whilst working closely with those like me representing the sponsoring employer. She works collaboratively with advisers but constructively challenges the scope of services, fees and service standards whenever necessary and makes sure that member needs are always taken into account. I enjoy working with her and trust that she will deliver what is required by the trustee and the members they represent in a manner satisfactory to the sponsoring employer.
Stuart Barker,
Internal Pensions Consultant, RSPCA
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
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
​We are extremely pleased with the appointment we made. The way Ian and Kerry react to us and work with us is brilliant. We are very happy.
Katherine Breading,
Tyser
Very professional and engaged service.
Danny Nussbaum,
HR Director, Volvo
​I enjoy working with PSIT and we have a very positive relationship. I was new to pensions and found them very helpful.
Bruce Allison,
RTUK
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
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