Independent Corporate Trustee Services
Being the Employer and Trustee is a dual role with different and conflicting interests. Managing disputes and complaints constructively may prove difficult when the Trustee is one of the parties to the conflict.
Employing an Independent Corporate Trustee reduces the risk exposure for the Employer. It is also a cost effective solution as significant savings can be achieved on Trustee liability insurance and recurring Trustee training fees.
An Independent Corporate Trustee is experienced in managing the professional relationships of the Scheme with actuaries, administrators, investment managers, benefit consultants and can also liaise with the Pensions Authority, Pensions Ombudsman and the Revenue Commissioners.
An Independent Corporate Trustee provides additional assurance to members that their interests are understood and protected.