Trustee conflicts of interest, pensions legislation moratorium and administrator capacity
Firm says need for professional trustees may grow in short-term but could be ‘dampened’ in the long-term
Ben Salmons asks if younger, career trustees may help widen the skill and diversity mix
Isio survey finds the estimated DB market share of these firms has increased to 43%
Industry welcomes extension of TPR oversight to professional trustee firms
Watchdog says move will help identify and mitigate any risks to pension savers
Half of UK pension schemes now under professional or sole trustee management
WTW survey finds number of professional trustees in UK market rose by 15%
Isio report shows 46% of all new trustee appointments were sole trustees
Fewer DB trustees plan to exit roles compared to last year but ‘burdensome’ regulations are ongoing concern