To understand the nature of the "serious consequence" [of selecting sole trustees for your scheme - as mentioned by the Association of Member-Nominated Trustees (AMNT)], I think you first need to understand the nature of the sole trustee proposition, as despite the umbrella term there is quite a wide range of sole trustee models.
Some sole trustees are sole traders, a single person, employed by their own company or self-employed. Some are a single person, typically self-employed but with the support of a larger organisation...
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 for 12 months, 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
