Trustees should monitor sponsor covenant to the same extent as fund performance, latest guidance from The Pensions Regulator says.
About 80% of trustees spend less than 20 hours per quarter on investment related decision making, Aon Hewitt says.
Trustees are failing to assert themselves on crucial issues such as liability management and asset safety because of time pressures, Kas Bank warns.
Hymans Robertson has appointed Patrick Bloomfield as head of trustee solutions.
The Pensions Regulator suspended trustees from more than 100 defined contribution schemes in the past year, its annual report and accounts reveals.
UK - An Association of Member Nominated Trustees and Directors is set to be launched this year in response to growing demand within the industry.
Independent trustee company BESTrustees has announced new roles for two directors as part of a board reshuffle.
The Pensions Regulator has launched a campaign to improve the monitoring of scheme funding and employer covenants.
Pension managers are split over whether trustees should be paid.