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 ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
