HS Sole Trustees Ltd has expanded its proposition with the launch of a dedicated independent trustee arm – Pro Active Trustee Support (PATS).
HS Sole Trustees first launched in April on a mission to use high-calibre sole trustees to build a more efficient system for the benefit of schemes for whom the traditional trustee model was no longer fit for purpose.
This new division now aims to bring the same quality of support to a broader range of UK sponsored DB and DC schemes with more diverse resource requirements, providing existing trustee boards with an added layer of commercial experience, as well as specialist expertise in areas like LDI and fiduciary management.
Pro Active Trustee Support will also take on independent chairman appointments to help boards drive forward and develop more robust governance processes.
The service will be led by HS Sole Trustee director, Kevin O’Boyle, who said: “Our overarching objective is to help all pension schemes – regardless of their specific circumstances and requirements – to improve the current way of doing things.
“In bringing our long-standing experience in corporate pensions management to the independent trustee market, we believe we can help a far greater number of schemes to strengthen scheme-sponsor relations and secure members’ benefits and investment opportunities in the most effective and efficient way possible.”