Independent Trustee

Independent Trustee

Boal & Co are a specialist pension trustee. We act in the capacity as trustee solely for retirement savings and pension schemes. We therefore understand their complexities. Our primary role is to ensure that the best interests of the employers and the employees are protected appropriately. The benefits of an independent trustee are:

  • significant employer and human resource time-saving in administering the scheme;
  • access to specialist knowledge and expertise in defined contribution and defined benefit schemes;
  • increased scheme governance;
  • mitigation of any potential conflict of interest;
  • scheme assets are ring fenced from the employer so are safeguarded from the employers creditors, providing peace of mind for members;
  • FATCA and CRS reporting is the responsibility of the trustee;
  • the scheme is established and remains fully compliant with any regulations and laws;
  • established working relationships with auditors, legal advisers and product providers;
  • an independent escalation point for members.