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

FRC launches reviews into pension illustration assumptions

FRC launches reviews into pension illustration assumptions

FRC looks for feedback on illustration assumptions and development of new standards

Jonathan Stapleton
clock 03 November 2026 • 2 min read
DWP launches consultation on retirement-CDC draft regulations

DWP launches consultation on retirement-CDC draft regulations

Access to collective retirement schemes will be through guided retirement framework

Martin Richmond
clock 03 November 2026 • 6 min read
From automatic enrolment to automatic adequacy?

From automatic enrolment to automatic adequacy?

SPP's Calum Cooper says the next stage of reform should focus on adequacy rather than simply participation

Calum Cooper
clock 30 October 2026 • 3 min read
Trustpilot