Collector | WS Dependants’ Annuity Fund
The Trustees of the Writers to the Signet Dependants’ Annuity Fund invite applications for the paid role of Collector of the Fund.
Employer: WS Dependants’ Annuity Fund
Contract type: Permanent
Closing date: Tuesday 24 September 2019
Interested in this role?
About the role
The Trustees of the Writers to the Signet Dependants’ Annuity Fund invite applications for the paid role of Collector of the Fund by 5pm on Tuesday 24 September 2019.
The appointment is to succeed the current Collector, Simon Mackintosh, who will be retiring at the Fund’s AGM in December 2019.
The Fund provides annuities (currently at the rate of £10,500 annually, gross) to widows, widowers and surviving civil partners of Writers to the Signet, the members of the Fund (Contributors) being practising or retired solicitors.
The role of the Collector is a personal appointment. The Collector is responsible for the administration of the whole fund including liaison with investment managers, auditors, actuaries and other external advisers. The Collector works closely with the Trustees and is also expected to maintain good relationships with both Contributors and Annuitants. The Collector is required to procure the administrative services necessary to support and fulfil the role, either through their own firm or organisation or through the engagement of a separate service provider.
The Fund is established by statute, most recently the Writers to the Signet Dependants’ Annuity Fund Order Confirmation Act 1982, as amended by supplementary legislation in 2018.
Until the 2018 legislation, the Collector was required to be a Contributor to the Fund but that requirement has been removed, and the appointment is therefore not restricted to Writers to the Signet nor to solicitors, as it had previously been.
A detailed invitation to apply and specification of the role and responsibilities is available from the current Collector, Simon Mackintosh of Turcan Connell, Edinburgh.
Applications require to be addressed to the Chairman of the Trustees, Andrew Holehouse of Shepherd & Wedderburn LLP, by 5pm on Tuesday 24 September 2019.
The Trustees intend to interview shortlisted applicants on Wednesday 9th October with a view to the election of a recommended candidate at the AGM of the Fund on 12th December 2019.