Owner and CEO Michael Clark becomes the first Professional Trustee to be accredited by the Pensions Management Institute.
Michael discussed his journey to becoming the first PMI Accredited Professional Trustee in the UK with Lewis Campbell
CBC Pension Services provide a dedicated and specialised pension service to trustee boards of pension schemes as either Professional Trustee or Professional Secretariat
What are the Pros & Cons of Using a Professional Trustee?
Good preparation and nimble footwork enables small schemes to compete with the big boys
The giants of the pensions world, defined benefit (DB) schemes who measure their assets in billions, have little trouble in offloading their liabilities to insurers, with ten mega deals of at least £1bn of liabilities each
completing last year. With such choice low hanging fruit, insurers have been accused of neglecting small schemes – Page 34
The discussion considered how employers and Trustees can help employees and pension scheme members overcome the risks they face at-retirement such as falling for a scam, buying inappropriate retirement products, paying more tax than necessary or ultimately running out of money.
Michael Clark of CBC took part in a round table discussion on What’s next for auto-enrolment and master trusts, the emergence of the pensions dashboard and the reasons for member engagement are all affecting DC provision.
What our clients say
We have known Mike Clark for a number of years both in his previous roles in pensions administration and more recently he has worked closely with us as a provider of secretarial services to the Trustee Board since 2013.
I have no hesitation in endorsing Mike as a tireless and dedicated member of the team. Our Trustee Board has seen some turbulent times over the last few years, and throughout those periods, Mike has always been ready to help and support both the Board and individual trustees with advice and practical solutions to the many issues that we have had to face. His wide experience makes him and his company a valuable resource, and it’s always good know that he’s there, ready to offer support and guidance.
I am completely happy with the trustee service provided by Michael and his team. He is very responsive and keeps us informed at every step of the pension scheme year. I would have no hesitation in recommending CBC to others.