Atkin trustees, actuaries, consultants & administrators

Trustees

The role of a pension scheme trustee is not an easy one. Often they have to deal with complicated financial and legislative pensions issues alongside their normal jobs. They are required to make far reaching decisions which can have a significant bearing on not only the members but also the sponsoring employers.

Over the last twenty years we have worked almost exclusively with small and medium sized pension schemes which require a more cooperative and personal approach for dealing with issues that are often on a par with those of larger schemes but without similar budgets to throw at them.

Our approach is to work with all parties to find practical and innovative solutions which have real application and tangible benefits. We do not shy away from giving our opinion and are experienced at making sure that our clients are able to make decisions both in full knowledge and with confidence.

We can minimise the time spent by Trustees on routine issues by providing efficient administration and management services with an emphasis on providing a high quality and friendly service. Our team is truly integrated, and includes Independent Trustees, so our clients receive well-rounded advice that has been considered from all angles.

With our market leading software for actuarial and administration services we can provide efficient, professional services at a lower cost than our competitors.

Our services to trustee clients include the following:

  • Administration: Our integrated team are both knowledgeable and approachable and work closely with our other departments and the Trustees to ensure that they provide an excellent service that is high quality and affordable.
  • Communication: We can work with you to ensure that communications are clear and effective
  • Data and Benefit Audit: We are experienced at reviewing schemes’ administration data and processes to identify issues and suggest ways in which they can be improved
  • Governance: We have experienced Trustees who can support you in governance issues whether this is acting in a scheme secretarial role, carrying out a governance review or helping develop your understanding of your responsibilities and the legislative framework in which they fit
  • Independent Trustee: We have experienced Independent Trustees which can help manage your schemes, resolve conflicts of interest and explain/advise on the issues
  • Covenant Advisory: We believe that fundamental to any funding strategy is an understanding of the strength and risks of the company covenant. We will work with you to ensure that you understand these risks and allow for them appropriately
  • Scheme Actuary: This includes advice relating to scheme funding, wind-up, the PPF assessment period and factors to be used in benefit calculations. With our Pfaroe actuarial system we can provide a host of options including real-time valuations, carrying out ‘what-if ‘ scenario testing, looking at the impact a change of investment strategy would make and much more for a lesser cost than you could expect to pay for a similar service elsewhere.
  • Investment: We work with all parties to design an appropriate investment strategy that includes liability matching and transitional issues. Our proposition is based on what our other clients have found useful and focuses on the areas which can make most difference.
  • Achieving your long term strategic goals: We can work with you and the Company to review your long term objectives and how they might be achieved through a mix of liability management, investment returns (including the use of triggers and consideration of what risk the Company can afford to underwrite) and Company contributions.
  • Risk Management: We work with trustees to manage and mitigate their pension risks, including risk transfer solutions such as buy-ins and longevity swaps
  • DC consultancy: Design and modelling DC pension arrangements, including how these interact with auto-enrolment
  • Risk Management: We work with trustees to manage and mitigate their pension risks, including risk transfer solutions such as buy-ins and longevity swaps
  • DC consultancy: Design and modelling DC pension arrangements, including how these interact with auto-enrolment

I have just received our cheque.…and write to express our most sincere thanks to Chris Atkin and his staff for this amazing result! Please would you pass on our appreciation for his help and advice, and also the speedy result. I am now off to bank the cheque before anything happens! Brilliant!!!

Sue, Administration and Actuarial client