All Professional trustees articles
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NewsThe evolving nature of trusteeship: accreditation, consolidation and AI
With the pensions sector facing up to impending consolidation across the board, the Association of Member Nominated Trustees (AMNT) has voiced concern about member representation in larger pension schemes.
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NewsTorsten Bell: Time for pension ‘heroes’ to do right by savers
Pension scheme trustees and providers can play pivotal roles in a pension industry driven by a vocational need to do its best by savers, according to the pensions minister.
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OpinionRaising professional trustee standards as TPR plans oversight
Andy Boorman, a professional trustee and member of the Society of Pension Professionals, explains the importance of the regulator’s work on trusteeship and the need for high standards of professionalism and independence.
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NewsHandful of providers dominate professional trustee market, data shows
LCP’s annual survey of professional trustees shows a maturing sector with growth slowing amid regulatory scrutiny.
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NewsTPR eyes more governance powers with Pension Reform Bill plan
The Pensions Regulator is seeking statutory powers through a new ‘Pension Reform Bill’ in relation to its oversight of administrators and professional trustees.
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In DepthIn Depth: Sole trustee providers reviewing their operations as popularity soars
Sole trusteeships increased by 13% year-on-year, according to Hymans Robertson, despite increased scrutiny of professional trustee firms from the Pensions Regulator.
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NewsProfessional trustee market growth slowing, data shows
Sole trusteeship growth is slowing amid fresh scrutiny from the Pensions Regulator, with further declines forecast.
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NewsRegulation of professional trustees ‘must preserve innovation’
Professional trustees and other industry experts have been responding to the Pensions Regulator’s plans to formally regulate professional trustee firms.
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NewsProfessional trustees to face scrutiny over remuneration, additional services
The Pensions Regulator has set out plans to formally regulate professional trustee firms after a market engagement exercise found issues around conflicts of interest.
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In DepthIn Depth: Regulator’s new DC approach is a sign of things to come
Pensions Expert looks in detail at how the Pensions Regulator’s prudential approach to regulation is affecting all aspects of the industry.
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NewsTPR turns up the heat on pension schemes
Data shows that the Pensions Regulator requested more formal interviews with individuals in 2024 than in the previous five years combined.
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NewsPension trustees need more time and soft skills, not more regulation
Lay trustees will not benefit from more exams or accreditation unless they are given the time to do their role properly.
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NewsAMNT flags governance concerns with sole trustee model
The association has called for greater regulatory oversight to ensure members are protected when schemes move to a sole trustee model.
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NewsProfessional and sole trustees dominate scheme management, data shows
Sole trustee appointments grow 30% year-on-year as large professional trustee firms grow their influence over scheme operations.
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NewsProfessional trustee firms on hiring spree as demand surges
The number of professional trustee appointments has surged by 11% over the past 12 months, with firms intensively recruiting to meet the current demand and future growth expectations.
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NewsAt least 50 per cent of schemes have a professional trustee
Half of UK pension schemes now have a professional trustee, while a third have a sole trustee, according to consultancy LCP.
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NewsPensions: How trustees can take pride in a diverse industry
As The Pensions Regulator’s home city gears up for the UK’s biggest LGBTQ festival, its director of regulatory policy, analysis and advice, explains how trustees can take immediate action to help ensure workplace pensions work for all savers.
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NewsClara-Pensions expects consolidator competition ‘within a year’
On the go: The commercial consolidator Clara-Pensions expects to see other offerings providing competition in the market “in a year’s time”, according to chief executive Simon True, despite the “unhelpful economic environment”.
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NewsProfessional trustee appointments jump 10%
On the go: The number of UK pension schemes to have appointed a professional trustee rose by a 10th in the year to July 2022, new research has found.
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NewsTPR updates climate risks guidance
On the go: The Pensions Regulator has updated its guidance on climate-related risk requirements to include mention of the “portfolio alignment metric”, which affected schemes have had to provide since October 1.