Avoiding a double dose of prudence

Hamish Wilson explains why trustees need to engage more and use advisers wisely

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Trustees are waking up to the stark reality that as the pensions landscape has changed, almost beyond recognition, so too have their duties.

They are now finding that they need to exert their powers – sometimes for the first time. Since 2005, for example, trustees have been responsible for producing scheme specific funding plans, whe...

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