14 Mar Anna Rogers comments in Pensions Age on trustee advice
While it may initially appear that having too many advisers could cause a bit of a tangled web, it can also be advantageous.
Anna Rogers argues that having multiple advisers allows trustees to “choose horses for courses”. For example, she says they could use a specialist firm for a particular project, where the experience of that firm means the work can be done on a fixed fee basis.
This, Anna says, is where the 21st century trustee comes in. A trustee that can save on cost, be nimbler and ‘take back control’, instead of allowing the agenda to be driven solely by their advisers.
Read the full article here in Pensions Age.