Running a workplace pension scheme involves more than paying contributions or agreeing a funding plan once. Someone has to make decisions, keep records, follow regulation and answer to scheme members. In many organisations that work is shared between trustees and a...
Choosing who oversees your company pension scheme is not a decision to rush. The trustees and advisers you appoint will shape how well the scheme is run, how confident members feel about their benefits, and how much time your own team spends managing scheme queries....
Running a workplace pension scheme comes with legal duties that go well beyond paying money in and out. Someone has to make sure the scheme is managed properly, invested sensibly, and run in the best interests of its members. That someone is usually a trustee, and for...
Anyone who takes on a trustee role, or any employer relying on a trustee board to run its pension scheme, tends to ask the same practical question sooner or later: what exactly is a trustee legally required to do. The answer matters because trustees are personally...
Most employers do not wake up one day and decide they need pension trustee services. It usually happens gradually. A trustee meeting gets postponed twice. An audit query takes longer to answer than it should. A member asks a question about their contributions that...
