Diversity on trustee boards may be an area that The Pensions Regulator (TPR) will increasingly "dig into" in the future, it has said.
Although the regulator does not yet have the power to compel the specific make up of a trustee board, it may use its 21st Century Trusteeship project to encourage trustees to consider to regularly review...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".