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”.
TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.
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".
Pensions Buzz peers agreed with pensions and financial inclusion minister Guy Opperman and former shadow chancellor Ed Balls that now might be the time for a fresh commission.
The Pensions Regulator (TPR) has launched a consultation on scheme governance and trusteeship, urging "badly-run schemes" to improve or consolidate.
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.