Steinway and Sons has appointed Pitmans Trustees as the independent trustee to its pension scheme.
The appointment marks the first time the piano maker has used an independent trustee.
Philip Stowell, financial controller of Steinway and Sons UK, said: “Pitmans Trustees brings a fantastic dynamic to our pension scheme. Not only is it able to give us the help we need to overcome conflicts that are occurring more and more frequently, but its wide experience means it is able to challenge all aspects of how the scheme is run for the ultimate benefit of our members.”
Read more articles on pensions.