All Association of Professional Pension Trustees articles – Page 2
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News
Professional trustee standards created to encourage better practices
The introduction of formal standards for professional trustees has been welcomed as a vital step in improving scheme governance, but concerns remain over whether the framework is robust enough.
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OpinionRegulator must work with industry on professional trustee standards
Both the Pensions Regulator and industry working groups are seeking to define the responsibilities and standards expected of professional trustees. If they do not achieve consistency, writes the Pensions Management Institute’s Tim Middleton, it will be hard to justify their implementation.
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Features
Can you run your scheme better than a sole trustee?
Analysis: Defined benefit trustee boards are finding it increasingly difficult to source a full complement of member-nominated trustees, as final salary becomes a legacy benefit system. Is the rise of the sole corporate trustee inevitable?
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News
Seven in 10 professional trustees want standards body
Professional trustees have called for a body to set standards and monitor performance in the industry, but experts have cautioned against any measure that threatens the level of cognitive diversity on trustee boards.
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OpinionWhat defines a professional trustee?
Laura Clarke from law firm CMS gives tips on what to look for in a professional trustee in the absence of a regulatory requirement for qualification.
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