OPDU introduction

OPDU protects pension funds by providing unique insurance cover to trustees, administrators and sponsoring employers. Pension funds holding total combined assets in excess of £110 billion have joined OPDU. The membership ranges from large funds to small.

OPDU's members can readily purchase limits of cover between £1million and £25 million. OPDU's cover has been developed for the special insurance needs of pension funds, but can be varied to meet the specific requirements of individual schemes.

OPDU affords a valuable external resource for reimbursing losses suffered by pension funds. The asset protection thereby given is ultimately of benefit to pension fund members.

In accordance with its clearly stated objective of helping to raise standards in pension scheme administration, OPDU offers a confidential Advisory Service. OPDU's subsidiary, Trustee Risk Management Limited, also assists trustees by undertaking due diligence reviews.

OPDU's unique structure includes The Advisory Council. Elected by the membership, The Advisory Council's function is to ensure that the services and insurance provided by OPDU continue to meet the changing needs of members.

OPDU is a subsidiary of Thomas Miller & Co. Ltd, the world's leading independent manager of mutual insurance companies, including schemes for professionals such as barristers, solicitors and patent agents.

OPDU's insurance cover is underwritten by ACE Insurance S.A.-N.V.




Lloyd's Register Quality Assurance - ISO9001  
The Occupational Pensions Defence Union Limited
90 Fenchurch Street, London, EC3M 4ST
Registration Number 03277897
Telephone: 020 7204 2530 Fax: 020 7204 2477 enquiries@opdu.com
  opdu are fsa approved