Why appoint an independent trustee?
Independent trustees are free from the conflicts of interest that can often affect lay trustees, whether appointed by management or elected by scheme members. Because we are totally independent, we are able to make completely impartial decisions.
Pension trustees often lack the experience and skills needed to make the best use of their advisers. By working for a wide range of schemes, our executives see many advisers 'in action' and understand how they operate. This helps us to make sure that:
- Trustees receive proper advice, as and when required
- Trustees get maximum benefit from advice
- Costs are controlled sensibly
- Benchmarking against best practice in governance
- Managing risk
As professional independent trustees, we are experts within the trustee team and bring our independence and objectivity to the decision-making process.
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