How much power do trustees really have?

Helen Morrissey asks how much power trustees really have when dealing with sponsors?

Helen Morrissey
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This week's top story on the Professional Pensions website by some distance was the news that British Airways had parted company with its trustee chairman Paul Spencer.

A factor in the decision appears to be disagreement over scheme investment strategy. After serving a five-year term as chairman of the trustee board Spencer has been told his contract will not be r...

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