Pensions - Articles - PTL increase value of assets run by them to over £200bn

 As well as consolidating its position as a leading DB trustee over the past year, PTL has also established itself as the market-leading independent trustee in both the Independent Governance Committee (IGC) and Governance Advisory Arrangement (GAA) markets, with 7 and 12 wins respectively. Alongside these, PTL has secured further new DC Master Trust appointments - bringing total such appointments to 15.

  

 Richard Butcher, Managing Director at PTL, said

 “This has been an extremely positive year for PTL and we’ve enjoyed a fantastic level of new business coming in, which has helped us to a record-breaking 12 months. The 2014/15 financial year has seen us win our largest ever DC client, our largest ever DB client and our largest ever trust-based client.
 
 “We’ve been particularly pleased that, as well as expanding our traditional DB business this year, we have also seen wins in the DC space - including several IGCs, which came into effect last month, and appointments to the GAA we launched late last year. We believe that clients have recognised and appreciate the skills and experience that PTL has become well known for in recent years, and that our expertise on issues such as value for money and transaction charges translates directly to the challenges facing IGCs and GAAs.”
 
 Butcher ended: “Our clients tell us that being a professional trustee can no longer be about being ‘grey and grave’, but instead it is about being engaging, constructive, creative and energetic. We aim to achieve this for all of our clients, and to support, educate and guide them through the challenging world of pensions governance.”