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We take
the leading role in managing a scheme wind-up. Working with existing trustees
we encourage their input to deliver practical solutions to wind-up problems,
which are consistent with best practice.
What makes our approach different?
- A due diligence exercise is undertaken before tendering or accepting
any appointment
- A formal project plan, including budgets for each activity, is established
from the outset
- Review meetings with a scheme's stakeholders are encouraged and maintained
throughout the wind-up process
- Service provider fees are measured against our own time modules and
assessed for value for money
- Internal legal consultancy is undertaken before requesting costly
legal services
- Contact with The Pensions Regulator (TPR) is established on each appointment
We participate at the highest levels in a variety of Pension Industry
forums, highlighting and emphasising the role of independent trustees.
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