UK - Jardine Lloyd Thompson (JLT) is running a trustee development programme throughout 2002, starting in London on February 26.
According to JLT, in the post-Myners environment trustees will be required to have more expertise in investment matters and managing risk as well as performing their main trustee duties.
The focus on trustees increasing their investment expertise has been highlighted in Myners’ voluntary code of investment principles which was finalised at the end of last year. Although the code is currently not mandatory it is likely to become compulsory if the voluntary practices are not adopted.
This, together with tough sanctions imposed on trustees who fail to comply with the Pensions Act 1995, underlines the need for trustees to be educated in their responsibilities and have sufficient knowledge and confidence to supervise and monitor their appointed advisers, according to the employee benefits group.
June McIntosh, technical director at JLT, said: “Trustees have a big responsibility and our trustee development programme helps trustees develop their skills and gain confidence in their role through interactive and specialist sessions.
Foundation and advanced seminars will be held in London. Specialist seminars will be held in London, Glasgow and Manchester.
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