ADDITIONAL SERVICES

Unless they have the luxury of a full-time, in-house, pensions department, it is likely that trustees must fit the duties of governing their scheme into their ‘spare’ time alongside their real job. With the sheer volume of legislation and regulations that must be adhered to, and with the complexities of the tax regime to contend with, it is all too easy to inadvertently fall foul of the law.

Are you confident that you have the necessary systems and policies in place to ensure that you do not inadvertently commit a breach? 

• Do you have a robust internal controls regime?
• Do you have a forward-looking business plan?
• Do you have a compliant MNT procedure?
• Do you have a process to review the performance of your service providers?
• Do you have a robust conflict of interest protocol?
• Do you comply with the Disclosure Regulations?
• Do you comply with the terms of your Trust Deed and Rules?

Alexander Forbes Trustee Services can help to ensure that the governance of your scheme can meet any test.