The Pi Partnership Group is delighted to announce sponsorship this year of the Clifton International Festival of Music celebrating the anniversary of Sarah Jeffrey-Gray joining us from Bristol as part of our purchase of Temple Trustees in February 2016. Sarah has been a valuable addition to our trustee team and we have also enjoyed supporting our new trustee clients. Bristol and the South West continues to be a major part of our development plans and we look forward to working with an increasing number of locally based advisers and trustee boards.
Latest NewsWhether it is about what is happening in the Pi Partnership Group, industry focused news or what's going on in general around pension schemes within the UK's economy, we're interested.
At Pi Consulting we make sure to keep on top of what's going on in the wider pension world and how it might impact upon our clients. Follow us on twitter @PiConsulting1 or read our news updates below to find out more.
Advisor management and use, habit or relevance?
Trustee Boards will for regulatory, governance and advisory purposes engage professional advisors to support them in the delivery of their duties. However, the monitoring, management and efficient use of these advisors can be demanding. In this edition of the Secretary we share some thoughts on how the Scheme Secretary can help trustees to meet this challenge.
Pi Partnership are delighted to announce the appointment of Jane Middleton to our independent trustee team. Jane is an experienced CFO and has held a number of senior roles at Rockwell Collins, Virgin Atlantic, TNT Express and Pizza Hut as well as acting as a trustee to a number of arrangements.
We are sure that her finance background will be increasingly of value as finance directors look to reduce their exposure to the risk of volatility within defined benefit salary pension schemes. (more…)
Is 2017 the year finance directors start transferring their final salary scheme risk. Read how Evolution Trustees, the specialist trustee firm aimed at efficient scheme buyout management looks at why 2017 is a good time to think about reducing volatility on balance sheets. Read the full article in the Bristol Business Post here.
To have or have not a committee…
Trustee Boards often have committees to help concentrate resources on particular matters such as investment, administration, audit and risk. As scheme profiles and priorities change a review of the structure and purpose of committees should be part of a Board’s business planning.
Pi Partnership is delighted to support the flagship conference of Voice at the Table. Pi believes strongly in the importance of an environment that allows people to flourish and make the most of their abilities.
A key discussion point amongst pension schemes today, is the effectiveness of Boards. This series of webinars will address some of the fundamental issues associated with Board effectiveness.
This seminar looked at the effectiveness of Boards working together. RSM and Pi Consulting looked at issues such as how boards work together, the skills of the Chair, setting the tone and dealing with a weak link in the Board’s dynamics.
This encompassed strategies and ideas on a legal, personal and operational perspective.
A copy of the webinar is available here
Our latest breakfast seminar saw the launch of our new trustee company “ Evolution Trustees”. As detailed on the day , we believe in working strategically with employers to make the theory of buyout of members benefits a reality. As part of this proactive approach to scheme management with access to quality streamlined support, Craig Harrison, Managing Director of Creative Wealth Management provided additional information on their transfer service to prove any size of scheme can benefit from their approach.
Attendees also completed to a questionnaire where responses provided a decisive vote against the recent proposal for enforced consolidation of small schemes. There was a general consensus that transfer values should be quoted as a standard option in member retirement packs ( with the noted exception of some of our legal friends) with access to employer funded advice as an attractive benefit to members. The good news is everyone also agreed the “21st Century Trusteeship discussion paper would lead to more professional trustees.
Brexit is a reality……..what now?
Finding clarity in uncertain times represents a significant challenge. We consider some actions scheme secretaries can take to support their trustee boards in the latest edition of our newsletter aimed at pension scheme secretaries