This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.
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 professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new 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
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 has been appointed chairman of Aegon UK's independent governance committee (IGC).
Helen Morrissey explains the importance of trustee evaluation exercises
Industry figures have called for a debate on whether professional trustees should have a standardised qualification over concerns the occupation needs a barrier to entry.
Letter to the editor.