Trusteeship in the UK is much more structured and rigorously regulated than in the US but takes longer to get to grips with, according to Prudential Fixed Income head of liability-driven investment (LDI) Gary Knapp.
Sponsoring employers have been urged to apply pressure on trustees to make sure the full flexibility allowed in actuarial valuation assumptions is used, advisers say.
This week respondents demonstrate they are less than impressed with the idea that scale is the answer to all schemes' problems.
Naomi Rainey looks at where HMRC and the High Court’s actions leave trustees
Almost half this week's respondents backed calls for mandatory qualifications for professional trustees.
Lay trustees' knowledge has been steadily growing over the years thanks to strict regulation, Aviva Investors says.
NOW Pensions is preparing to split its trustee and commercial boards in order to improve governance.
Taha Lokhandwala says professional trustees need a quality stamp
Industry figures have called for a debate on whether professional trustees should have a standardised qualification over concerns the occupation needs a barrier to entry.
The Information Commissioners Office (ICO) has published a draft code of practice for data controllers, including pension scheme trustees, on conducting privacy impact assessments (PIA) before undertaking data exercises.