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ARTICLE · 26 AUGUST 2016

Pensions Regulator Opens The Discussion On What "21st Century Trusteeship" Should Look Like

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The Pensions Regulator has recently published a discussion paper inviting views on 21st century pension trusteeship.

CanadaEmployment and HR
Christopher Stiles
Christopher Stiles
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The Pensions Regulator has recently published a discussion paper inviting views on 21st century pension trusteeship.

The paper invites views on what drives effective trusteeship and governance, and sets out what the Regulator has learned from its recent surveys of occupational pension schemes, and what it is considering doing to help schemes improve their governance.

For trustees and sponsors of occupational pension schemes, it makes interesting reading, and many may wish to consider responding - the deadline for responses is 9 September 2016.

It is also timely, given that the European Union is close to agreeing the text of a revised directive (IORP II) regarding "Institutions for Occupational Retirement Provision" in which the requirements for fit and proper management and governance of a scheme are considered.

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