Schemes up to £150m facing wind-up are increasingly appointing sole trustees because of difficulties finding member-nominated trustees, Independent Trustee Services says.
The appointment of sole trustees is traditionally prevalent among small closed schemes to effectively replace a trustee board so there is a single point of contact able to manage the scheme to even...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
