How a new regime is ramping up compliance for trustee companies

From April schemes with a corporate trustee must keep a register of people with significant control.

Stephanie Baxter
clock • 5 min read

From April schemes with a corporate trustee are required to keep a register of people with significant control. It is yet another governance burden for trustees, finds Stephanie Baxter.

At a glance  Trustee companies will have to put their scheme employer on the PSC register  Failure to maintain the register will be a criminal offence  Extra compliance burden but ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Keir Starmer and Rachel Reeves to confirm DB surplus release plans today

Keir Starmer and Rachel Reeves to confirm DB surplus release plans today

Changes could allow DB schemes to change their rules to permit surplus extraction

Jonathan Stapleton
clock 28 January 2025 • 4 min read
Industry welcomes possible plans to unlock DB surpluses

Industry welcomes possible plans to unlock DB surpluses

Reform could be positive for employers, workers, members and the economy at large

Jonathan Stapleton
clock 27 January 2025 • 6 min read
Chancellor set to unveil plans to unlock DB surpluses as part of growth push

Chancellor set to unveil plans to unlock DB surpluses as part of growth push

Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes

Jonathan Stapleton
clock 27 January 2025 • 2 min read
Trustpilot