Professional trustee standards 'silly compliance exercise'

James Phillips
clock • 3 min read

Proposed standards for professional trustees due to come into force next year will be "too easy to game" and "a silly compliance exercise" if they are not accompanied by tangible metrics, Richard Butcher has warned.

The standards, released yesterday by the Professional Trustee Standards Working Group (PTSWG), span six areas and will be enforced under a ‘comply or explain' regime in April or May next year. P...

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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Government to review FAA rules following Stagecoach deal with Aberdeen

Government to review FAA rules following Stagecoach deal with Aberdeen

Minister says transaction complied with rules in a way not anticipated when they were set

Jonathan Stapleton
clock 16 June 2026 • 3 min read
SPP calls for targeted TUPE pension reforms

SPP calls for targeted TUPE pension reforms

Body sets out two areas where improvements could benefit both employers and employees

Jonathan Stapleton
clock 16 June 2026 • 1 min read
DWP issues call for evidence on alternative quality requirements for AE

DWP issues call for evidence on alternative quality requirements for AE

Move comes as part of statutory review into Pensions Act 2008 regulations

Jonathan Stapleton
clock 16 June 2026 • 1 min read
Trustpilot