TRUSTEES must now abide by The Pensions Regulator's codes of practice governing the nomination and selection of member-nominated trustees and scheme internal controls.
The code requires that at least one-third of trustees are member-nominated; or at least one third of directors of the trustee company be member-nominated. The arrangements must include a nomination...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.