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ARTICLE · 30 APRIL 2025

Pensions: Joint DB & DC Trustee Agenda Update - May 2025

A&O Shearman
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Welcome to our monthly update on current legal issues for trustees of DB and hybrid pension schemes, designed to help you stay up to date with key developments between trustee meetings...

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Neil Bowden
Neil Bowden
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Jane Higgins
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Andy Cork
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Jessica Kerslake
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Welcome to our monthly update on current legal issues for trustees of DB and hybrid pension schemes, designed to help you stay up to date with key developments between trustee meetings and to support the legal update item on your next trustee agenda. We also have a separate DC-only briefing.

TPR supervision of professional trustees

The Pensions Regulator (TPR) has announced that it will be extending its oversight of professional trustee (PT) firms. It will begin targeted engagement with larger PT firms in the summer, extending its approach to cover remaining firms by the end of the year. It will use this process to identify risks and appropriate mitigations and expectations.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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