PMI urges regulator to do 'more work' on definition of professional trustees

Stephanie Baxter
clock • 3 min read

The watchdog should revisit its new description of professional trustees to clearly distinguish them from other types of trustee, according to the Pensions Management Institute (PMI).

It comes as The Pensions Regulator (TPR) has been consulting on the new definition, which it uses to decide whether to impose a monetary penalty and the amount.  Getting the definition right is ...

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