All professional trustees articles
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News
More than half of professional trustee appointments are now sole trustees
LCP saw a 30% increase in the number of sole trustee appointments over the last year
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News
Professional trustee appointments increase marking fourth year of consecutive growth
However, support for member-nominated trustees (MNTs) continues and pension fund boards are encouragedto keep them
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UK defined benefit scheme sponsors expected to increase professional trustees' use
The new General Code is expected to bring on more challenges on in-house trustees
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News
Failure to attract diverse talent is key barrier for trustees to improve DEI
Cardano research shows that absence of comprehensive diversity data poses significant risk to the effective measurement of DEI and the progress of initiatives across pension industry
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Independent Governance Group’s team grows by 27%
The team works with more than 450 pension schemes with combined assets under management of £315bn
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LCP finds major increase in professional trustee use
Professional trustee firms are expanding their services into a variety of domains
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News
AMNT calls on UK government to help lay trustees reach full potential
‘Downgrading the role of member nominated trustees, whose only interest is the best outcome for members, would seem to be a retrograde and potentially harmful step,’ says AMNT co-chair
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Opinion Pieces
Viewpoint: Differentiation – the future of professional pension trusteeship
When purchasing professional services, choice is good. Differentiated choice is even better.
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News
UK professional trustee market may suffer retention crisis, says Charles Stanley
Two in five professional trustees plan to step down from their role within a year
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UK roundup: Pension schemes boost stress testing as risk increases
Plus: FTSE 350 pension schemes’ surplus falls back to £5bn; Professional trustee market soars
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Trustees are lowest paid in pension scheme management: PwC survey
The average pay of a trustee who is not a board chair, but is likely to have additional responsibilities such as chairing a sub-committee, is £30,000 a year
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News
New code of practice aims to raise sole trustee standards
The code outlines how sole trusteeship service providers need to evidence robust governance structures
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Not one, but two UK professional trustee accreditation programmes
APPT and PMI offering separate processes