PTL Appoints Governance Advisory Arrangement (GAA) to Help Business Comply with Pension Scheme Obligations
March 25, 2021 at 06:15 AM EDT
Berkshire, UK -- (SBWIRE) -- 03/25/2021 -- Pension schemes require a proper regulation committee that can ensure the benefits of the scheme are properly distributed among scheme members. While some businesses set up their own committees for this purpose, they can also look to appoint a third-party committee to supervise the distribution of benefits among the members of the scheme. A leading pension trustee service provider in the UK, PTL sets up a governance advisory arrangement (GAA) to help businesses comply with pension scheme obligations. The main role of their GAA committee is to assess the ongoing value for money for pension scheme members and raise, with the provider, any concerns it may have.