Information for Pension Scheme Members Resources

PTL’s responsibility is to safeguard the interests of the beneficiaries of each pension scheme that it manages and to ensure that the scheme is properly administered in accordance with the scheme’s governing documentation and pensions law.

Each scheme’s assets are held separately from the sponsoring company, in a trust: - This means that the employer cannot access those assets for use in their business. It also means that they are not available to a receiver in the event of the employer’s liquidation.

Group Personal Pensions & Stakeholder Plans

PTL’s role is to assist the employer to ensure that the scheme is properly administered and to help the members to understand what they have. These schemes are contract based which means that the assets are held separately from the sponsoring employer:  - This means that the employer cannot access those assets for use in their business. It also means that the assets are not available to the receiver in the event of the employers liquidation.

The governance of pension schemes is a complex business. Various government departments and agencies are involved. The industry has its own, obscure, language of jargon and acronyms.

The links on this page are to some of the external bodies involved in pension schemes and the pages below outline our role as Independent Trustee in relation to pension scheme members and insolvency practitioners.