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Severn Trent Pension Scheme - PRAG

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Trustee & Advisers<br />

The <strong>Scheme</strong> Trustee<br />

The <strong>Scheme</strong> is run by a corporate Trustee, <strong>Severn</strong> <strong>Trent</strong><br />

<strong>Pension</strong> <strong>Scheme</strong> Trustees Limited. The Trustee’s role is to<br />

ensure that the <strong>Scheme</strong> is run properly at all times and in the<br />

best interests of all members and beneficiaries, and that the<br />

investment and administration of the <strong>Scheme</strong> complies with<br />

the <strong>Scheme</strong> rules and current law.<br />

The current Directors of the Trustee are:<br />

Independent Chairman<br />

Member Nominated Directors<br />

Employer Nominated Directors<br />

Company Secretary<br />

Mike Anthony<br />

(Capital Cranfield<br />

Trustees Limited)<br />

Sue Allcock, Paul Heer<br />

Gwyneth Lister,<br />

Rob Mabbott, Fiona Smith<br />

John Heather<br />

Professional advisers<br />

The Trustee is ultimately responsible for the running of the<br />

<strong>Scheme</strong> but has appointed a number of professional advisers<br />

to provide expertise when needed. As a matter of good<br />

governance the Trustee regularly reviews its own effectiveness<br />

and also assesses the performance of its advisers.<br />

The <strong>Scheme</strong>’s advisers are:<br />

Investment manager<br />

Investment adviser<br />

Auditor<br />

<strong>Scheme</strong> actuary<br />

Legal adviser<br />

Legal & General Assurance<br />

(<strong>Pension</strong>s Management) Ltd<br />

A Green<br />

Deloitte Total Reward<br />

& Benefits Ltd<br />

PricewaterhouseCoopers<br />

GJ Mitchell, Watson Wyatt<br />

Slaughter and May<br />

<strong>Scheme</strong> administrator<br />

Capita Hartshead<br />

15

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