How trustees could be at risk from confusion over DC chair's statement

Trustees must be confident the new chair governance statements are accurate to avoid future liability, writes PP.

Stephanie Baxter
clock • 4 min read

Trustees must ensure the new DC governance statements are accurate to avoid future liability, as they will be not scrutinised by the auditor. Stephanie Baxter looks at the potential risks and what trustees must do

At a glance Trustees must be aware the statement will not be subject to a full audit  TPR expects trustees to check the statement against evidence Requires good timing, organisatio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

The far-reaching implications for pools, partner funds and investment advisors

Charlotte Moore
clock 10 December 2025 • 8 min read
TPR publishes intervention report on Northern Foods Pension Scheme

TPR publishes intervention report on Northern Foods Pension Scheme

Package includes sponsor swap and £300m of contributions paid into scheme

Jonathan Stapleton
clock 04 December 2025 • 2 min read
Industry unites to call for timing alignment on retirement CDC

Industry unites to call for timing alignment on retirement CDC

ACA, APPT and SPP among those pressing for alignment with launch of guided retirement

Jonathan Stapleton
clock 03 December 2025 • 2 min read
Trustpilot