Professional trustees claiming to have “provisional” trustee accreditation are creating confusion in the market and are undermining the whole process, the Pensions Management Institute (PMI) has warned.
Alan Whalley says professional trustee claims of “provisional” accreditations are undermining the process and creating confusion in the market.
PMI chief executive Gareth Tancred tells James Phillips about progressing its five-year plan and redesigning the organisation amid the Covid-19 challenge
This week’s 89 Pensions Buzz respondents agreed with The Pensions Regulator’s decision to hold back from mandating the use of professional trustees.
TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.
Professional trustees can improve scheme governance, clear up misunderstandings, and ensure regulatory compliance, argues David Fairs
This week's top stories were the seven-year ban a company director received for pension negligence, and the launch of the Pensions Administration Standards Association's defined benefit transfer guidance.
The regulator must not forget the important role of lay trustees as it boosts standards of professionals, argues Jonathan Stapleton.
The launch of the professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed until "later this year".
Pensions Buzz peers agreed with pensions and financial inclusion minister Guy Opperman and former shadow chancellor Ed Balls that now might be the time for a fresh commission.