Image:
Many professional DB trustees said they do not have the right knowledge for the job.
Skilled professional defined benefit (DB) trustees are being driven out of their roles by overly complex and burdensome regulatory requirements, Charles Stanley Fiduciary Management says.
The wealth manager's research found almost two thirds (62%) of professional DB scheme trustees find the current regulatory environment taxing and convoluted and are planning to step down from their...
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
