AMNT’s Janice Turner says stewardship needs updating
Trustees of multi-employer defined benefit (DB) schemes may come under added pressure from sponsors due to changes in the Generally Accepted Accounting Practice in the UK (UK GAAP).
Taha Lokhandwala says the industry must work together
The Pensions Regulator (TPR) has urged trustees to examine asset-backed contribution structures (ABCs) carefully and explore "less risky alternatives" before entering into such an arrangement.
The trustee of Desmond & Sons Pension Scheme has won its bid to hold a third director liable for debts of the fund.
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.
Over two-fifths of schemes never review the performance of their trustees, a Premier survey has found.
Naomi Rainey looks at where HMRC and the High Court’s actions leave trustees