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Services
Outsourced
Secretarial Services
The Secretary to a Board of Trustees is a highly technical
and responsible role. The burdens placed on Trustees and the
Secretary continue to increase at a blistering pace. The Pensions
Act 2004 is the latest legislation to contend with but this
time with a real difference. The onus of knowledge and understanding
on the Trustees and the Secretary is much higher. Failure
to meet these new obligations can lead to sanctions from the
Pensions Regulator and potential loss of reputation for the
Company.
Silver Wolf Associates
provides a complete outsourced service to fulfil the Secretarial
role for Trustees and to meet legal obligations.
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Operational
Risk Review and Internal Controls
The Pensions Act 2004 and the subsequent scope document entitled
'Internal Controls' issued by the Pensions Regulator will
significantly increase the burden of reviewing and mitigating
risk. Trustees will have to demonstrate that they have had
appropriate controls and monitoring in place. Trustees are
demanding greater clarity regarding the running of their pension
scheme so as to be comforted that they are not unnecessarily
exposed to failure (by delegating actions to vendors) of their
responsibilities.
Silver Wolf Associates
has developed a framework for an initial risk evaluation and
creation of a risk report on a regular basis with a three
page executive summary. This allows trustees to see at a glance
issues arising and importantly gives them the opportunity
to act in a timely manner.
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Strategic
Pension and Benefits Consultancy
Silver Wolf Associates
believes in understanding the clients. By this, we will try
to understand the character of the Company, the values and
long terms plans. If necessary, we will solicit employee feedback
to understand the value placed on the Company benefits so
that it is clear the expenditure is targeting needs. By treating
each client as unique, we create bespoke consultancy advice
that delivers a real difference.
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Project
and Interim Management
A pension change for any Company can present many risks especially
given the highly technical nature of pension schemes and the
likely emotional impact on employees. As a Company or Trustee,
you will have advisers to help you with the design of any
change. Silver Wolf Associates have the required expertise
and experience to project manage that change from inception
through transition to “business as usual”.
Our speciality is to implement the change, properly escalate
issues to the project sponsor but minimise the day-to-day
impact. In short we take the pressure away from you, deal
with the issues and bring back answers in plain English.
For Silver Wolf Associates,
interim management is an extension of project management.
We can supply on site presence to see you through a peak in
workloads or temporarily fulfil a vacant role.
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