professional trustees

This week's top stories included The Pensions Regulator launching a consultation on the future of trusteeship.

The Pensions Regulator (TPR) has launched a consultation on scheme governance and trusteeship, urging "badly-run schemes" to improve or consolidate.

This week's Pensions Buzz respondents were split on whether more schemes should follow NEST's decision to divest from tobacco.

Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).

Independent Trustee Services (ITS) has become a fully independent firm after undertaking a management buyout from Mercer.

Accreditation will reduce the number of sole-trader professional trustees, this week's Pensions Buzz respondents say.

This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.

Professional trustees will be expected to apply for accreditation in the near future as a regulator-backed working group has published a set of seven standards against which they will need to demonstrate compliance.

This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.

The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.