London, UK -- (SBWIRE) -- 06/28/2019 -- Pension schemes are important for both employees and employers of any business. Governance is an essential aspect of this process so as to ensure that the schemes are run in the members' benefit. You can outsource the governance process to an external pension scheme governance firm. You can choose PTL UK as your governance firm to ensure benefits for both members and employers.
The contract-based pensions governance services are offered by them with a key focus on quality, efficiency and accountability. Their services ensure that the pension schemes are delivered on all aspects of scheme management and administration process. They have represented 15 DC master trusts and also run a governance advisory arrangement on behalf of thirteen GPP providers.
The services are tailored according to the needs and budget of the customers. Having served hundreds of customers across the UK, the firm has gained great insight into what constitutes value for money across the market. The company has vast industry experience in helping both party trustees to identify their objectives, develop a strategy for achieving them and finally to execute that strategy.
Talking further about their contract-based pensions governance services, one of the representatives from the company stated, "These schemes pose particular governance challenges, and require a distinctive approach and skillset to ensure good outcomes for members and employers. From April 2015 the FCA has required all insurance companies and firms with a current or legacy portfolio of workplace personal pensions (WPPs) to have in place an independent committee to assess the value for money that members will receive."
About PTL UK
PTL UK is an award-winning provider of independent trustee and governance services, serving clients across the UK. Their specialist team of professional trustees deliver a pragmatic, personable and professional service to help customers effectively manage their schemes. PTL UK holds a strong reputation in the market as demonstrated by the testimonials from its clients and industry awards – all underpinned by an energetic, dynamic and outcomes focused team committed to delivering.
For more information, please visit: https://ptluk.com
47 Castle Street