“Ian has added more value than we thought he would at the start… which shows it pays to go with someone who is doing the job of a professional trustee as their bread and butter.”
“I enjoy working with PSIT and we have a very positive relationship. I was new to pensions and found them very helpful.”
“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. ”
“PSIT was chosen because of their knowledge of the subject and awareness of our particular schemes.”
“When requesting information by email, I have noticed that there is 'out of hours activity' to answer me. I regard this as a stand out 'above and beyond' - impressed.”
“They are very proactive and full of new ideas, they've brought better scheduling and better minute sets.”
There are many reasons why you would review the effectiveness of your pension trustee board, such as to:
PSIT is perfectly placed to review the effectiveness of your pension trustee board. We are independent, impartial and objective. We have an in-depth understanding of the role of a pension trustee board and the workings of a pension scheme, with extensive experience doing the job ourselves, and are able to bring wider experience and perspective to aid benchmarking. Being external means we can more easily ‘tell it like it is’ or deal with known issues diplomatically.
Our pension trustee board review services would be for tailored specifically to pension scheme, trustees and particular objectives, typically including one or more of the following elements:
PSIT delivers our trustee board effectiveness review service together with the Non-Executive Directors’ Association (NEDA) - the leading independent member association dedicated to Non-Executive Directors (NEDs). NEDA promotes and supports the needs of NEDs at all levels, providing a comprehensive range of practical education, training, mentoring, coaching and advisory services.
How effective is yours?
Download our free questionnaire to start your trustee board review now
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