It is highly unlikely that you would you take on the responsibilities of being a company director without understanding what you are letting yourself in for. And we believe that being a trustee comes with similar responsibilities. Therefore it should warrant the...
What are conflicts of risk and why are they so important to your pension scheme? TPR describes a conflict of interest as follows:‘A conflict of interest may arise when a fiduciary (which includes a trustee) is required to take a decision where: 1. the fiduciary is...
In previous blogs we have covered: Having a trustee business plan – read the blog here Pension scheme risk registers – read the blog here Conflicts of interest – read the blog here This month, we are going to look at Pension Trustee training. Trusteeship in pensions...
In our last article we looked at two of the key areas a pension’s trustee needs to consider in order to provide effective governance for their scheme. These were having a trustee business plan and a pension scheme risk register. The full article can be found here. In...
I declare an interest here, my background is administration. A long time ago, in a company that became Mercers took a punt on a twenty something with no pensions experience and trained him up. From this, I made my living from making sure that the right person is paid...
