Verity Trustees Limited

The Trustee Board

Verity Trustees Limited (VTL) provides the trustee services for our award-winning Master Trust, which incorporates the funds from our Defined Contribution (DC) and DB Complete pension schemes. The members of the trustee board are responsible for keeping our members’ benefits safe and making sure the Master Trust is properly run.   

Sub committees of VTL

Investment Oversight Committee

The Investment Oversight Committee oversees the performance of the Trustee’s delegated Fiduciary Investment Manager, TPT Investment Management Limited. 

Audit, Risk and Compliance Committee

The Committee addresses such matters as internal controls, compliance and the annual audit and the annual accounts of the Trusts.

Appeals & Discretions Committee

This Committee determines appeals to the Trustee at the second stage of the Internal Disputes Resolution Procedure and considers discretionary benefit payments.    

Remuneration & Appointments Committee

The Committee approves the total remuneration strategy for all Trustee Board and Committee members.

Funding Committee

The Committee makes scheme specific funding and investment decisions for TPT’s Defined Benefit (DB) pension schemes, and oversees the valuation process for all of the Trusts’ DB pension schemes. 

Ask the Trustee Board

Trust deed & rules 

Trust deed & rules Doc type Size
PDF 1034.8 KB
PDF 1096.8 KB

Chair's annual DC governance statement

Chair's annual DC governance statement Doc type Size
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Our investment beliefs

This document outlines the way we work and helps to shape our decisions on investment strategy. 

  • TCFD Report 2023

    This report looks at the objectives, actions, risks, opportunities and investments through a climate-related lens.

Statement of Investment Principles (SIP)

Our SIP defines the policies and principles we work to in order to manage our members’ investments. 

  • Defined Benefit
(DB) principles

    Our DB SIP defines the policies and principles we work to in order to manage our members’ investments.

  • Defined Contribution (DC) principles

    Our DC SIP defines the policies and principles we work to in order to manage our members’ investments.