Trustees

The code of conduct on enhanced transfer value exercises and pension increase exchanges has thrown into question the degree of responsibility trustees have in ensuring members are treated fairly.

Pension funds could be caught in the "side-winds" of new EU legislation that "ramps up the pressure" on data protection, lawyers warn.

UK pension scheme assets under fiduciary management have reached £40bn, a study of the burgeoning industry reveals.

Covenant monitoring will come under increased scrutiny from The Pensions Regulator because of current market turmoil, Mercer has warned.

UK - Trustees are to be given new tools by the government to improve their oversight and clarify fiduciary duty in a shake up of trustee responsibilities.

Andrew Short gives a run down on what help is out there

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.