The Alternative Governance Structure (AGS) enables a company and its employees to retain control of the management of their pension scheme but without the liability associated with being a trustee.
The Benefits of using us for an Alternative Governance Structure
- Reduces the time and cost of using internal resources
- Avoids the employer underwriting an indemnity to the trustees
- Ensures that trustees are fully compliant and made aware of the latest regulatory changes.
- Avoids the need for a Member Nominated Trustee process
Alternative Governance Structure Detailed
PTL are appointed as the sole corporate trustee and chair of a governance committee that advises the trustee.
The governance committee would be involved in all aspects of managing the scheme.
PTL’s Process – how we support your business
Our approach is to be pragmatic, personable and professional.
Being pragmatic is important. No two situations, no two problems are the same. Our pragmatic approach allows us to find sensible, common sense solutions that meet the need of all parties. A pragmatic approach is also a more cost effective approach.
Being personable is important. We all spend a lot of time working. It makes life more pleasant and work more bearable if our working relationships are friendly, warm, open and constructive. We build teams that will serve each client around that client’s needs and preferences.
Being professional is important and should be a given. The characteristics of professionalism we consider particularly important include being trust worthy, being an expert in our field, working to the highest standards, behaving ethically and fairly, observing clients confidentiality and treating all clients, colleague and others we contact in our work with consideration.
Our approach is to be collegiate, to work as part of a team with our clients and their other advisors. We aim to identify your objectives, establish how to achieve it and execute the resultant strategy.
Our approach is to be creative. The best approach to a matter or solution to a problem is not always the most obvious or established. We encourage our team to innovate externally for our clients and internally for PTL.