Trustee services

Regular changes to pensions legislation over recent years has placed significant pressure on lay trustees – with an increasing number of businesses appointing professional trustees to support the trustee body.

Trustee Services

There are a number of reasons to appoint a professional trustee. Most commonly, our clients want to relieve what can be an overwhelming governance and administrative burden on the company and existing trustees, allowing company appointed trustees to focus on the needs of the business.

Appointing an independent trustee can also eliminate potential conflicts of interest, while providing access to expert opinion and knowledge that can help ensure the decisions you make today don’t have adverse consequences in the future.

Meeting your needs

A trusted name

Smith & Williamson Trust Corporation Limited acts as professional trustee to a variety of trust arrangements, including life assurance schemes.

Breadth of experience

We have a large portfolio of professional trustee appointments on occupational pension schemes, from single-member defined contribution schemes to medium-sized defined benefit schemes.

Specialist knowledge

We have in-depth knowledge across the financial services landscape, which means we can help you make informed decisions based on professional experience.

How we can help

  • Support: Providing relevant professional experience to support trustees’ knowledge and understanding.
  • Risk: Reducing the risks to the business and existing trustees through knowledge and collaboration.
  • Reporting: Producing monitoring and risk management reports.
  • Management: Streamlining administration and trust management services for occupational pension schemes, share incentive plans and employee benefit trusts.

Our credentials

Experience

We act as professional trustee to over 200 small self-administered pension schemes, defined benefit and defined contribution schemes, as well as life assurance schemes, share incentive plans and employee benefit trusts.

Best practice

We are members of the Association of Corporate Trustees and the Association of Member-Directed Pension Schemes.

Your eligible (UK only) deposits with Smith & Williamson Investment Services Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. Any deposits you hold above the £85,000 limit are unlikely to be covered.

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