Jonathan Stapleton speaks to eight senior professional trustees about accreditation, diversity and the issues they face in their roles.
Pension scheme trustees are relying too much on their advisers to give a holistic view of any governance challenges their scheme may be facing, says RSM.
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.
Many master trust boards lack diversity, yet the ultimate goal should be to achieve cognitive inclusion to represent a large cohort of DC members, writes Kim Kaveh.
The Employer Covenant Working Group (ECWG) has rebranded as the Employer Covenant Practitioners Association (ECPA) to reflect its growing membership.
RSM has unveiled its annual scheme survey, revealing the actions trustees are taking to protect members from fraud. Kim Kaveh looks at the findings.
The Financial Conduct Authority (FCA) has warned the public to be vigilant of investment scams as Action Fraud reveals more than £197m was lost to scams in 2018.
Pension cold-callers will face tougher sanctions from today as a long-awaited ban poses fines of up to £500,000 for "callous crooks" attempting to scam savers.
Defined benefit (DB) pension funds are increasingly under pressure to put in place dividend-sharing mechanisms as the regulator seeks to address the disparity with deficit contributions.
Trustees are becoming more alert to fraud risks but are still too complacent when it comes to prevention, RSM says.
This year will see consolidation, cyber risk and cost transparency dominate the industry's focus as schemes bid to improve value for money and meet data protection requirements.
HM Revenue and Customs (HMRC) has published an internal manual on how value-added tax (VAT) should be calculated for defined benefit (DB) occupational pension schemes.
Ransomware is the most likely type of cyber attack on pensions says RSM head of pensions Ian Bell.
Michael Klimes explores what practical steps schemes can take to protect members from hacking and identity fraud
Trustees are being urged to push their sponsoring employers for better cyber security protocols after a government study found many do not have comprehensive action plans.
Donald Fleming has been elected as chair of the Employer Covenant Working Group (ECWG).
Online fraud has become the most commonly reported crime across England and Wales, yet the government, law enforcement agencies and the industry overlook it, the National Audit Office (NAO) warns.
The Pensions Regulator (TPR) has admitted it was subject to a partially successful ransomware attack during the past three financial years but had blocked over 40,000 other attempts.
Hackers are "ahead in the game" when it comes to bypassing cyber-security and trustees must do more to protect members says RSM's Elisabeth Storey.
RSM has promoted Karen Tasker to partner in its pension team, increasing it to 13 partners.
Trustees need more support if pension fraud is to be dealt with effectively says Helen Morrissey.
Nearly one in three pension schemes has been affected by fraud, with victims experiencing a threefold rise in scams in the last 12 months alone, latest RSM research reveals.
The fallout from the British Home Stores (BHS) saga and the government's forthcoming crackdown on scams will be some of the biggest topics in pensions next year.
RSM has promoted Philip Briggs (pictured above right) and Guy Jackson (pictured above left) to partner effective from 1 April.