The Specialist for Pension Trustee Liability Insurance
The Advisory Service
Provides trustees and administrators with general guidance
and advice on matters affecting the day-to-day administration
of the pension scheme. It aims to facilitate good
governance. The confidential advice line is staffed by
lawyers and pension professionals as well as providing access
to The Advisory Panel Experts where appropriate.
The Advisory Service is complementary to the services provided by the scheme's existing professional advisers.
The Claims Service
Provides the best possible claims handling service through
a team of in-house barristers, solicitors and pension
professionals who deal with claims in a sympathetic
and professional manner. They are exper ienced in
managing complex, sensitive disputes with due regard to
the adverse publicity that litigation can attract.
Trustee Risk Management
Provides a risk-based approach enabling trustees to focus
on the key risks requiring appropriate internal controls to
comply with the latest legislation and regulation. Topical
one-day seminars are held in conjunction with ACE
European Group, The Pensions Regulator and other
leading pension practitioners. TRM was established to
achieve OPDU's aim of promoting good governance. Its
services are available to all pension schemes regardless
of whether they are members of OPDU.The OPDU
Report newsletter also provides guidance for those
involved in the administration of pension schemes.
OPDU can provide access to a number of other insurance facilities, for example: winding-up insurance; crime and fidelity insurance; cover for trustees following mergers, buy-outs and protection against costs risks inherent in pursuing claims for damages against third parties such as fund managers and other service providers. If you have novel insurance requirements we can work with you to seek to develop a policy to meet your needs.
Thomas Miller is expert in the provision of professional indemnity insurance. We are well known in the UK for managing insurance services for barristers, solicitors, patent agents, housing associations and pension fund trustees (OPDU). Our success in this field is due to a thorough knowledge of our clients' businesses and the issues facing them.
Visit the Thomas Miller website at www.thomasmiller.com
OPDU protects pension schemes by providing unique Pension Trustee Liability insurance cover to trustees, administrators and sponsoring employers.
Pension Schemes holding total combined assets in excess of £180 billion have joined OPDU.