Trustee stories

Much of the UK pensions sector has a blind spot with regard to the Shariah status of annuities meaning Muslim retirees are unwittingly buying products that are not suitable for them, a...

Members of defined benefit (DB) pension schemes are concerned government plans to allow employers to extract surpluses could put their retirement at risk, according to new research.  The polling of 1,000 DB members, by Pension Insurance...

Two years into his role as CEO of Independent Governance Group (IGG), indie rock-loving Mancunian Andrew Bradshaw has a vision of a new form of professional trustee firm.  For Bradshaw it is...

The Pensions Regulator will extend its oversight to professional trustee firms operating across the DC and DB market.  It said the decision to extend its regulatory reach follows evidence gathering with 11 of...

Consultant-led provider LifeSight and SEI Master Trust delivered the highest returns for younger savers in the year to Q4 2024, returning 23.26 per cent and 21.05 per cent respectively. The Corporate Adviser...

The People’s Pension has appointed Vicky Paramour to its trustee board. Paramour joins six existing trustee directors overseeing the running of the trust, which serves 6.9m members. Paramour is a pension's actuary with over...

XPS Group has launched a new guide to help DB trustees and sponsors respond to the new funding and investment strategy regulations. All DB schemes now have to comply with these new...

Leading professional trustee firms have formed a new Trustee Sustainability Working Group (TSWG). The group seeks to improve stewardship practices across the industry, through engagement with fund managers and investee companies, while...

Mercer has appointed Deborah Frost as the new chair of trustees of the Mercer Master Trust, effective from April 2025. Frost has held executive, non-executive, and board director positions in the technology...

An investigation by the Pensions Ombudsman’s Pensions Dishonesty Unit (PDU) has resulted in a £5.2m repayment order for trustees found personally liable for breaching their duties and facilitating pension liberation arrangements. Trustees...