Pension schemes would struggle to attract member-nominated trustees (MNTs) if professional standards were introduced, industry figures say.
The Next Pension Scheme targets member engagement at the mature end of the retirement savings process, its independent chairman says.
Trustee boards are devoting insufficient time to administration issues despite identifying maladministration as the biggest risk they faced, according to research from Baker Tilly.
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Ex-PPF man Richard Favier says too many trustees are sitting on their hands when they need to act
Most people in the pensions industry do not believe trustees have a fiduciary duty beyond the point a member retires, PP research finds.
Small schemes only meet half of The Pensions Regulator's (TPR) defined contribution (DC) quality features on average, research shows.
Trustees should carry out trustee board evaluation exercises to ensure boards work as efficiently as possible.
Just over a third of respondents think the number of member-nominated trustees (MNTs) on boards is shrinking as an increasing number of schemes close.
Rachel Dalton looks at the reasons behind the lack of women on trustee boards, and how diversity can improve decision-making