Co-trusteeship
Meet our pension trustee specialists
Pension scheme management is complicated, with trustees needing to navigate a diverse network of requirements, issues and relationships. To help, many pension trustee boards now appoint an independent trustee company to their board to support and augment the skills of their existing trustees. Our professional trustees represent a friendly face with the necessary skills and experience to enhance your current trustee board’s effectiveness.
Why appoint a Vidett professional trustees?
As an independent co-trustee we can:
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fill a specific gap in your pension trustee board’s collective knowledge base
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add experience gained from over 500 other schemes to your board
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offer guidance on scheme specific issues
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help manage adviser relationships, ensuring the pension scheme and its members are receiving good value for money and great service
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improve relations with the scheme sponsor
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manage conflicts of interest, for example during funding negotiations following an actuarial valuation
By appointing Vidett, your pension trustee board will gain not only the valuable insight of your individual professional trustee, but also all the knowledge we’ve accumulated across a whole organisation of professional trustees and scheme secretaries with decades of experience.
It can be especially difficult for pension trustee boards to tell if they are being provided with cost effective services from their advisers. Our team understand what best practice is and what good and great in the market look like and will share this to benefit to your scheme.
The value of a team
We have a knowledge sharing, collaborative approach that ensures at least two named individuals will have a detailed knowledge of your pension scheme. Although you’ll mainly deal with your lead professional trustee, it means someone will always be available to respond to queries, manage the advisers and progress trustee business – you are never dependent on one person and succession is built in.
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Exclusive insights from our industry experts at Vidett.
