Pensioneer Trustees

Conexim does not act as a Pensioneer Trustee itself, and believes fundamentally that an Independent Trustee which is separated from the Investment Advisor is an important part of any self administered pension structure.

The Conexim service to Trustees gives the Trustee the ability to access real time and periodic reports for all of the main pension products, and gives the Trustee the ability to service a client with a self-administered option for the following pension and post-retirement account types:

  • Small Self Administered Schemes (‘SSAS’)
  • Self-Administered Personal Retirement Bond (‘Buy Out Bond’)
  • Approved Retirement Funds (‘ARFs’)
  • Approved Minimum Retirement Funds (‘AMRFs’)
  • Self-Administered PRSAs

All on-platform assets are held with Pershing (a BNY Mellon company), which has a significant global presence in Custody services. Pershing’s global custody operations service approximately 5.8 million active investor accounts and as of December 31, 2015 held over $1.5 trillion in global client assets, with Pershing’s global operations having net capital of $2 billion. The parent company, Bank of New York Mellon has $28.9 trillion in assets under custody and/or administration, and has a market capitalisation of $44.7 billion as of December 31, 2015 (Source).