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Next seminar: Wednesday, 6 October 2010

"The times they are a changing" - A review of some key post-election pension issues
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Spring/Summer 2010 Newsletter

The latest edition of our newsletter looks at what's going on in Pi - our services, our people and other topical news.
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TestimonialsTestimonials

"During a recent review of advisers, the trustee board clearly gained real confidence from Pi's professional and objective approach. With Pi's involvement the whole process went forward very smoothly and efficiently. Pi also helped negotiate terms in the trustees' favour bringing real value for the long term".

Pensions Lawyer, Bristol based Legal Firm

"One of the signs of a great consultant is knowing their clients and their associated needs - this helps Pi stand out from the rest as it allowed my Aon team to truly understand what was required and enabled us to truly match the needs of the client. In addition the Pi bidding process was simple and straightforward; this meant we were clear at all times of deadlines and points of contact. Clearly the client was impressed by your bid management skills and management around this and I would like to think that other major businesses would benefit from the Pi intervention.

Having visited your offices and met the wider Pi team, it is easy to see why you all enjoy what you do and it shows in your handling of your customers!"

Client Relationship Director, Intrnational Human Capital Consulting Company

"Pi has worked with the Company and Trustees on a variety of complex projects. These have involved a number of outsourced providers, embracing pensions, HR and payroll, as well as liaising closely with the internal team.  Pi has provided a truly independent service and are a refreshing alternative to the main stream consultancies. Pi’s approach is characterised by an emphasis on problem solving, which addresses the issue in hand rather than adopting a pre-determined approach."

Pensions Manager, International Energy Company

 "Pi left us with very few questions in regard to the best way of delivering the ETB® to our Trustee boards, having covered all angles.  They have provided a seamless delivery and gone the extra distance to meet all our needs.  I would have no hesitation in recommending Pi to any of their future ETB prospects."

Group Pensions Director, International Banking Group

"My view of the role of a scheme secretary is that it can vary greatly according to the needs of the particular scheme.  It may be a relatively functional role but can also be a role offering significant support and guidance to the trustees where needed.

In relation to the scheme on which I have worked with Pi they have always managed the functional side with the utmost efficiency and thoroughness.  Pi prepare and circulate meeting papers in good time ahead of meetings; they include relevant copy documents and backing notes which provide objective summaries of the issues to be discussed.   Follow-up is equally prompt and efficient.  Draft minutes are circulated for comment shortly after each meeting.  I usually struggle to find a comment to make, as they are invariably clear, full and accurate.  Action points that fall to Pi are addressed quickly and efficiently.

For this scheme Pi produces drafts of member communications, which are clear well written.  Pi also carries out the very important role of liaising with other professionals who provide services to the scheme, and does its best to ensure that the advice given is relevant, timely and circulated to relevant parties.

The scheme in question has provided a range of challenges in terms both of the complexity of the legal, regulatory and tactical issues that have arisen and the personalities involved.  I have chaired the scheme since 2005, during which time I have found the support offered by Pi to be of enormous assistance.  It has been strong, calm and constructive, while not straying into the trustees' territory in terms of decision-making.   One or two critical issues have arisen while our main contact has been away.  However, the support has always been seamless.

I would not hesitate to recommend Pi for scheme secretariat services."

Independant Chairman to the Trustees

"Pi are a niche provider in the pensions market. Their staff are mostly drawn from major consultancies who have become disillusioned and want to work in a more collegiate and client focused organisation. They are very nice people to deal with and you get the sort of personal service and can-do attitude that you might hope for from a smaller company. Their size, however, appears not to be a prohibitor in the depth and breadth of services, advice and support that they can offer trustees and corporates on pension related issues."

Head of Employee Benefits and Pensons, International Environmental Services Company