Dalriada’s Vassos Vassou explains why trustees must take ownership of environmental, social and governance risks in their pension funds’ investment strategies, and how asset managers and consultants must be held to account.

Dalriada Trustees' Vassos Vassou sees professionalising the UK's trustee boards as a potential solution to the governance failings at small UK schemes. But with few sub-scale schemes able to afford the extra cost, could a regulatory levy be used to boost board expertise?