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Akash Rooprai is director at Independent Trustee Services
This October marked one year since the Association of Professional Pension Trustees (APPT) published its code of practice for professional corporate sole trusteeship (PCST), providing the perfect opportunity to look at the impact it has had on the industry and what PCST might look like in future.
Data released earlier this year revealed there has been a 60% rise in the number of schemes using professional trustees, now equating to almost one in three schemes compared to one in five in 2016....
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