TPR to clarify duties for professional trustees

Michael Klimes
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TPR to clarify duties for professional trustees

The Pensions Regulator (TPR) is consulting on changing its definition of professional trustees and is also reviewing its penalty policies for breach of duties.

The consultation is part of the regulator's 21st century trustee initiative which aims to ensure governance is robust and moves with the times. The watchdog explained it wants to send a strong message...

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