Independent Trustees

A row over the funding level of the EMI pension scheme has resulted in the replacement of trustee chairman Ian Smellie.

The poor economic climate has boosted demand for professional independent trustee services among occupational schemes, Independent Trustee Services says.

With pensions deficits soaring among FTSE companies, Gill Wadsworth discusses the importance for trustees of making regular covenant assessments to ensure their sponsors can honour their funding commitments