How effective are the pension scheme trustees? This is a question which trustees themselves and the sponsors of the pension schemes that they pay for should be asking on a regular basis. There has been a lot written about this. Indeed some from...
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...
Since the Pensions Regulator (or as we call them ‘our friends in Brighton’) launched its 21st Century Trustee initiative back in 2016 there has been plenty of discussion around this important topic.Three years on, how has this impacted you? Do you feel your trustee...
More and more pension schemes are opting to appoint a professional trustee.The ever-increasing burden of regulation, greater diversity of investment products and scheme deficits combine to make managing a pension scheme an ever more complex undertaking. Getting in a...
