Ross Trustees was founded in 2010 and provides professional trustee and pensions support services, as well as pensions manager and secretariat administration services through its Ross Corporate Services division.
Enhancing existing services
In November 2020, LDC partnered with the existing management team to support the company’s organic growth strategy.
The investment from LDC helped the management team to develop the company’s service offering for clients and expand its workforce.
This included increasing the number of employees by more than 50% to 70 people, with pensions expertise from across legal, actuarial, consultancy, investment, project management, administrative and business backgrounds.
CEO Succession
In April 2022, Ross Trustees announced that Andrew Bradshaw will succeed Nigel Moore as Chief Executive Officer as part of a planned succession strategy.
Nigel will remain on the board and continue a successful five-year association with Ross Trustees, having joined as Chief Operating Officer in 2017 before becoming Chief Executive Officer in 2019.
The changing regulatory landscape in the pensions sector, as well as increased corporate activity and business restructuring, is driving demand for our professional trustee services. Partnering with LDC will help the business to grow more rapidly to meet this demand. It will also help us to further expand our products and services as we continue to support more pension schemes and their members.”
Continued Support
In February 2023, LDC backed the merger of Ross Trustees and Independent Trustee Services to create Independent Governance Group (IGG). With 437 appointments and a combined value of more than £340bn of assets under governance, the formation of IGG created the UK’s leading professional pensions trusteeship and governance services firm.
The Ross Trustees brand will operate under the IGG umbrella until the integration of both businesses is completed later this year, and LDC is now supporting the leadership team at IGG as it continues to grow the group organically and through acquisition.