Business

Trustee firm Dalriada wins top award

BELFAST-based independent trustee firm Dalriada trustees has been recognised for the high standard of its work at a UK pensions industry awards ceremony in London.

It was highly commended at the Pensions age awards in the Independent trustee firm of the Year category. The judges especially praised the firm, calling it a trail-blazer for its work in addressing the issue of pension liberation.

In the last year, Dalriada (www.dalriadatrustees.co.uk) has been appointed by the Pensions Regulator to 29 schemes which the Regulator believes may have been used to facilitate pension liberation.

It now acts as trustee to a total of 44 schemes where liberation is suspected, seeking to protect member funds of more than £96 million.

Dalriada chief executive Brian Spence said: "We're delighted with this recognition from the UK pensions industry. Our work in tackling pension liberation has helped enhance our reputation as a forward-thinking innovative trustee."