We were delighted to read a terrific article from our friends at Muse Advisory on why independence matters in Pensions. We couldn’t agree more.
There are real concerns in the wider industry about the consolidation in the number of independent trustee firms, especially where those firms deliver many different governance and scheme services to a scheme without appropriate checks and balances. Inevitably, there will be conflicts of interest and a lack of diversity of thought and opinion. BESTrustees is 100% owned by its employees in a way that protects us from acquisition and frees us from third-party commercial influence.
Read the whole article on the Muse Advisory website by clicking here.
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BESTrustees recruits former Grant Thornton covenant partner Paul Brice as professional trustee
BESTrustees has announced its second professional trustee recruit of 2025 – with the arrival of former Grant Thornton covenant advisory partner Paul Brice. Paul joins BESTrustees after a prestigious career in Pensions, both in the Advisory side as a Partner at KPMG and Grant Thornton; and as an executive for nearly eight years for what is now Railpen, the Executive Company of the Railways Pension Scheme where he Chaired the Scheme’s Risk Management Committee. Paul has advised on a considerable number of covenant-related matters across a wide range of business sectors – including in relation to highly complex corporate transactions, …
BESTrustees leads successful buy-in transaction for the Carr’s Group Pension Scheme
The Trustees of the Carr’s Group Pension Scheme, chaired by Rachel Tranter of BESTrustees, have completed a c.£44m buy-in transaction with Aviva to cover 216 pensioner and 56 deferred members of the Scheme. Mercer acted as lead transaction adviser using its streamlined broking process. “I am delighted to have guided the trustees through the transaction process to achieve a successful outcome which further increases the security of our members’ benefits. This transaction was very much a collaborative teamworking effort involving the trustees, the Company (Carr’s Group plc), the insurer and our professional advisers all carrying out important roles throughout the …
