All Trustees articles
-
NewsPro trustees to oversee two thirds of DB market in five years, report predicts
Isio’s survey finds that the 10 largest providers oversee more than 2,400 DB schemes and £1trn in assets – underscoring the ‘systemic importance’ of the sector as highlighted by the Pensions Regulator.
-
NewsDC power brokers: Small group of decision-makers overseeing £160bn
New research says the growth of pension ‘megafunds’ is concentrating power in the hands of a small group of trustees, raising questions over accountability, innovation and member voice.
-
Opinion‘Don’t call us lay trustees’: AMNT on why member reps must be taken seriously
Kate Upcraft of the Association of Member Nominated Trustees recounts her experience as an elected scheme representative and why the role is so important for pension funds of all kinds.
-
OpinionAMNT: Looking to the past for the future of trusteeship
Lewis Brown of the Association of Member-Nominated Trustees highlights the need to balance professionalism with the lived experience of members, as the government explores ways to raise standards of pension scheme governance.
-
NewsLay trustees remain important as sector consolidates, government says
An external voice is needed “to ask the difficult questions that sometimes professionals either don’t want to hear or don’t quite understand”, says Des Healy of the DWP at a conference in Edinburgh.
-
OpinionThe Friday Takeaway: DB isn’t dead, it’s just resting
Excitement is building over collective DC and the traditional DC market is facing significant change, but we mustn’t forget about defined benefit, says Nick Reeve.
-
NewsMaster trusts back trustee training as government eyes standards
With the DWP consulting on raising trustee standards, the Pensions Management Institute has expanded its trustee training initiative with the help of four master trusts.
-
NewsTrusteeship standards face overhaul as DWP launches consultation
The Department for Work and Pensions has launched a consultation on improving standards of trusteeship, governance and administration across trust-based pension schemes, as consolidation accelerates and trustee responsibilities continue to expand.
-
NewsTPR urges action to support millions of people ‘under-saving’ for retirement
Speaking at the Pensions Expert Annual Conference on 26 November, TPR’s Nausicaa Delfas said the UK’s pensions system was “unfinished business”, with approximately 14.6 million people under-saving for retirement.
-
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.
-
In DepthAmendment Watch: What changes are being proposed to the Pension Schemes Bill?
More than 270 amendments to the Pension Schemes Bill have been put forward for consideration by the parliamentary committee scrutinising the draft legislation. Pensions Expert looks at some of the most significant proposals.
-
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.
-
NewsRegulator outlines five key traits for successful trustees
In light of the Pension Schemes Bill, the Pensions Regulator has emphasised the need for trustees and the rest of the industry to “adapt and evolve” to better serve members and savers.
-
OpinionMansion House: Putting the ‘trust’ back into trusteeship
Rory Murphy, former chair of trustees at the Merchant Navy Officers’ Pension Fund, argues that trustees should take a proactive approach to investment decisions and not be led by advisers.
-
NewsSurplus plans welcomed by trustees but concern raised over ‘deadlock’ cases
The Association of Member Nominated Trustees has welcomed the government’s planned approach to surplus extraction rules that will place trustees at the centre of decision-making.
-
OpinionWhy member nominated trustees are as important as ever
In her valedictory column ahead of stepping down as co-chair of the Association of Member Nominated Trustees, Janice Turner looks forward to what lies ahead for those responsible for pension benefits.
-
NewsAre pension scheme trustees being overlooked in policy discussions?
A new report exploring the “pensions powerbrokers” has called for the government to pay more attention to the views of professional, independent and member-nominated trustees.
-
NewsUK growth investing can fit with fiduciary duty, law firm says
Law firm Eversheds Sutherland and master trust provider NatWest Cushon say the current law around fiduciary duty allows trustees to consider UK investment opportunities with members’ future prosperity in mind.
-
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.
-
NewsTPT to offer DB trustees fiduciary management and consultancy services
TPT has secured regulatory approval from the Financial Conduct Authority (FCA) to set up the commercial investment company.