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OPDU
Services
The Advisory Service provides trustees
and administrators with general guidance and advice on matters affecting
the day-to-day administration of the pension fund. It aims to facilitate
good governance. The confidential advice line is staffed by lawyers
and provides access to The Advisory Panel
Experts where appropriate.
The Advisory Service is complementary to the services provided
by members' existing professional advisers.
The Claims Service provides the best
possible claims handling service through a team of in-house barristers
who deal with claims in a sympathetic and professional manner under
claims authority from the insurer. They are experienced in managing
complex, sensitive disputes with due regard to the adverse publicity
that litigation can attract.
Trustee Risk Management Reviews assess
trustees' supervision of the pension fund from a due diligence and
good practice perspective. The reviews are as non-intrusive as possible
and result in a practical report that highlights areas for improvement
and where good practice has been achieved. Trustee Risk Management
Limited (trm) is a subsidiary of OPDU
and was established to achieve OPDU's
aim of promoting good governance. trm reviews are independent and
are available to all pension funds, regardless of whether they are
members of OPDU.
Other facilities 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 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 OPDU can work with you to seek to develop
a policy to meet your needs.
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