With effect from 1 February 2010 all pension trustees appointed must undergo trustee training every 2 years. Where a professional trustee is appointed the employer is not required to arrange trustee training. An employer can appoint Harvest as a trustee and we will take over the responsibility and duties of trusteeship on your behalf. This will remove your requirement for trustee training and will ensure your scheme is compliant with the new regulations.
Additionally our services include:
- To ensure compliance of the scheme in accordance with the Pension Act 1990
- To provide and adhere to a Default Investment Strategy and a Statement of Investment Policy Principles, where applicable
- To monitor the conduct and performance of the Investment Manager, Registered Administrator and Scheme Consultants
- To liaise with relevant third parties and the Pensions Board with the day to day running of the scheme as required, as well as in the preparation of the Membership Booklets, Annual Reports, Accounts and Benefit Statements
- Consultancy work