Client feedback

I found the trustee training really beneficial, highly recommended. I am not a trustee, I represent the employer and I think it will be valuable for me in future, having a better understanding of the trustees' perspective.
Dave Strain,
Royal Yachting Association
Excellent service - as expected and why PSIT was chosen.
Stuart Barker ,
Independent Occupational Pensions Consultant, RSPCA
They deliver above expectation when the scheme has a particular challenge.
Ian Edwards,
PSIT was chosen because of their knowledge of the subject and awareness of our particular schemes.
George Batho ,
Trustee, Lansing Linde
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 enjoy working with PSIT and we have a very positive relationship. I was new to pensions and found them very helpful.
Bruce Allison,
Image of Wayne Phelan, Managing Director

Wayne Phelan

Managing Director

Contact Wayne


Tel 0118 207 2911


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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