PS Independent Trustees and HR Trustees rebrand

Jonathan Stapleton
clock • 1 min read

PS Independent Trustees (PSIT) and HR Trustees (HRTL) have rebranded following their merger in January.

The combined business will now be known as Punter Southall Governance Services (PSGS).

PSGS managing director Wayne Phelan explained: "Our new name reflects two things. First is the true depth of services our business offers - trusteeship and outsourced services (such as scheme secretarial and pensions management) are of equal importance to us and this wasn't reflected appropriately in either of the PSIT or HRTL names.

"Secondly, we are now able to align ourselves much more closely with the Punter Southall Group and our sister business within PSG. This followed the sale of the Punter Southall actuarial, administration and investment consulting businesses to Xafinity at the start of the year."

The HR Trustees name will continue to be used by the specialist Pension Protection Fund team within PSGS in their work with the PPF.

More on Industry

SPP publishes Pension Schemes Bill call for evidence response

SPP publishes Pension Schemes Bill call for evidence response

SPP reiterates opposition to proposed mandation powers for scheme investment

Martin Richmond
clock 22 August 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Reeves eyes £2bn raid on tax-free pension lump sum, areas for Budget pension reform, BPA market expectations

Professional Pensions
clock 22 August 2025 • 1 min read
Good News Corner: PP staff walk 30km for charity

Good News Corner: PP staff walk 30km for charity

PP team walked 30km around London to raise money for Incisive Media foundation charities

Professional Pensions
clock 22 August 2025 • 1 min read
Trustpilot