telephone: 0113 244 6100
Running a pension scheme and rolling it out to the workforce is becoming an increasingly complicated business. New legislation and regulation continues to add to the burden of employers and scheme trustees alike.
Everyone involved with a scheme needs to keep on top of new developments and to be aware of current best practice. Doing this will give companies the best grounding to plan their business needs and costs into the future; trustees and others involved in running schemes will be better placed to avoid mistakes that can lead on to (sometimes costly) disputes.
Our pensions clients are wide-ranging, including sponsoring companies, the trustees of substantial company sponsored pension schemes (known as 'occupational' schemes), independent financial advisers and individual members of company sponsored and personal schemes. The majority are trustees of final salary occupational pension schemes.
We deal with schemes of various sizes, some less than £1m in value, some more than £100m. The issues that trustees face are however not generally related to the size of their particular scheme. For example, the broad investment issues and obligations, and how trustees exercise their discretions, are not matters that depend on how big a scheme is.