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Richard Butcher

Client Director

T: 03033 660121
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Richard joined PTL in 2008. He became Managing Director in 2010. Immediately before he was at PTL he ran his own small independent trustee and consultancy business.

Richard has been involved in pension scheme governance since 1985 and has worked with, or as a, pension scheme independent trustee since 1989.

Richard is a Fellow of the Pensions Management Institute, and a former elected member of the PMI Council. In 2017 he was appointed Chair of the Pensions and Lifetime Savings Association (PLSA). He is a regular contributor to the trade press.

Richard has responsibility for a wide and diverse range of clients, both DB and DC. The best part of the job, he says, is building a good team with the other trustees, the scheme sponsor and other service providers.

Richard Butcher has, with considerable expertise, taken on the role of independent trustee director, at a time when our Founder was understandably concerned about the cost of the scheme and its effect on the business. He has successfully gained the confidence of the Founder as well as the trust and respect of the remaining trustee directors.

Iain Travers Partner and Trustee Director, Nabarro Pension Scheme

Specialist Areas:

  • Independent Trustee
  • Pension Scheme Governance
  • Investment Committee Service
  • Risk Management
  • Trustee Training

Personal Interests

  • There's not much that doesn't interest me

Memberships/Professional Bodies/Groups:

  • Chair of the board: The Pensions and Lifetime Savings Association (PLSA)
  • Accredited Member of the Association of Professional Pension Trustees (APPT)
  • Fellow of the Pensions Management Institute (PMI)
  • Former Chairman of the DC Council of the PLSA
  • Former Treasurer + Membership Secretary of the PLSA City and Eastern Group Committee
  • Former Elected Member of Council, the PMI
  • The Pensions Regulator DC Practitioner Panel
  • Mastertrust Association
  • DWP Trustee Panel
  • Co-Founder of the AMNT


  • Highly Commended in the 2010 & 2011 Engaged Investor Independent Trustee of the Year Awards.
  • Nominated at the Engaged Investor Independent Trustee of the Year Awards 2014.
  • Named as one of the top 50 “Most Influential People in Pensions” by Pensions Insight in 2017 as well as in 2012, 2014, 2015 and 2016.
  • Named as among the top 100 “Most Influential People Working in Europe’s Capital Markets” by the Financial News in 2014.
  • Nominated for “Outstanding Individual Contribution to Pensions” at the Financial News Awards 2015.
  • Winner of the “DC Trustee of the Year” at the Pensions Insight Awards 2016.