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.
Jonathan Stapleton speaks to eight senior professional trustees about accreditation, diversity and the issues they face in their roles.
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".
Professionalisation of trustee boards remains on the agenda as the regulator asks the industry whether they should be mandatory. James Phillips explores the latest consultation.
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).
This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.
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.