SCHEMES face a significant loss of expertise on their trustee board unless new rules governing the appointment of member-nominated trustees are clarified, lawyers warn.
And Hammonds said trustees could face an extra administrative burden and the added cost of running a fresh MNT nomination and selection process – even though previous appointments might comply with...
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