TPR sets out new definition of professional trustee; boosts fines

James Phillips
clock • 2 min read

The Pensions Regulator (TPR) has revised its definition of a 'professional trustee' as it moves to improve standards and introduce accreditation of the role.

The definition, which comes after an industry-wide consultation, is accompanied by tougher monetary policies where it believes a professional trustee is failing in their duties.  The regulator's...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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