Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
More than 200 professional trustees have received full accreditation from the Association of Professional Pension Trustees (APPT) since the course opened in April.
The number of defined benefit (DB) schemes employing a sole trustee model is expected to double over the next five years, according to an Aon poll of the sector.
The code of practice on sole trusteeship being developed by the Association of Professional Pension Trustees is expected to be published within months, chairwoman Nita Tinn says.
Provisional accreditation of professional trustees is necessary to ensure the speedy removal of “unscrupulous individuals”, Dalriada Trustees has said in defence of the process.
As Covid-19 hampers efforts for professional trustees to complete necessary exams, Brian Spence defends the use of provisional accreditation.
Professional trustees claiming to have “provisional” trustee accreditation are creating confusion in the market and are undermining the whole process, the Pensions Management Institute (PMI) has warned.
Alan Whalley says professional trustee claims of “provisional” accreditations are undermining the process and creating confusion in the market.
The Association of Professional Pension Trustees (APPT) has announced the first 14 trustees to have received accreditation after completing its programme.
The Association of Professional Pension Trustees (APPT) has announced it will allow professional trustees to become provisionally accredited in light of delays caused by Covid-19.
PMI chief executive Gareth Tancred tells James Phillips about progressing its five-year plan and redesigning the organisation amid the Covid-19 challenge
Jonathan Stapleton speaks to eight senior professional trustees about accreditation, diversity and the issues they face in their roles.
As both the APPT and PMI launch accreditation regimes for professional trustees, Henry Tapper asks if you are a Betamax or VHS Trustee?
The Pensions Management Institute (PMI) has launched an alternative accreditation programme for professional trustees.
The Association of Professional Pension Trustees (APPT) will open to applications for its professional trustee accreditation framework from the start of the 2020/21 financial year.
The PMI has gauged views on whether all schemes should have a mandatory professional trustee. Kim Kaveh looks at the results of its member survey
The launch of the professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed until "later this year".
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).
Professional trustees will be expected to apply for accreditation in the near future as a regulator-backed working group has published a set of seven standards against which they will need to demonstrate compliance.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
The Pensions Management Institute (PMI) and the Association of Professional Pension Trustees (APPT) have launched a consultation on introducing a Diploma in Pension Trusteeship.
Ian Pittaway looks at the challenges the industry faces in measuring value for money.
As TPR urges trustees to raise its game, is there a call for industry regulation?