Meet the Trustees
The Mercedes-Benz UK Pension Scheme is looked after by a Trustee company, Daimler UK Trustees Limited. The directors meet formally as a board four times a year but also meet regularly in their sub-committees and project working groups.
The Trustee makes sure the Scheme’s assets are looked after properly and pension benefits are paid to the right people, at the right time. They work with a number of independent experts who provide advice around investments, risk and governance.
In addition to the Trustee Board, some trustee directors sit on at least one of the three sub-committees that focus on managing a specific area of the Scheme.
- Investment sub-committee: Manages the Scheme’s assets to ensure all members’ pension benefits can be paid now and in the future
- Communication sub-committee: Develops better ways to effectively communicate and engage with members
- Governance sub-committee: Ensures consistency and mitigates risks in the management of the Scheme.