Jonathan Stapleton speaks to eight senior professional trustees about accreditation, diversity and the issues they face in their roles.
Voluntary accreditation of professional trustees will act as a quality mark and drive up scheme governance standards, argues Lesley Carline.
The industry has rejected the need for multiple professional trustee accreditation regimes after the Pensions Management Institute and Association of Professional Pension Trustees launched rival frameworks.
The launch of two accreditation regimes for professional trustees into the industry at the same time is both unnecessary and confusing, says Dalriada Trustees.
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.