How much power do trustees really have?

Helen Morrissey asks how much power trustees really have when dealing with sponsors?

Helen Morrissey
clock •

This week's top story on the Professional Pensions website by some distance was the news that British Airways had parted company with its trustee chairman Paul Spencer.

A factor in the decision appears to be disagreement over scheme investment strategy. After serving a five-year term as chairman of the trustee board Spencer has been told his contract will not be r...

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

More on Industry

Dashboard deadline imminent with schemes told to be operationally ready

Dashboard deadline imminent with schemes told to be operationally ready

The deadline for connecting to the dashboard ecosystem is tomorrow

Holly Roach
clock 30 October 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Autumn Budget, M&G launches CDI+ run-on solution, L&G takes on Royal Mail DC scheme

Professional Pensions
clock 30 October 2026 • 1 min read
Budget 26: Key takeaways for pensions from Healey's first Budget

Budget 26: Key takeaways for pensions from Healey's first Budget

Relatively quiet ahead of major pension reforms coming into force

Holly Roach
clock 29 October 2026 • 3 min read
Trustpilot