The Pensions Regulator: Badly run schemes need to improve or consolidate

3 July 2019

The Pensions Regulator publishes on its website:

“Proposals to reduce the number of poorly governed pension schemes have been outlined in a consultation launched by The Pensions Regulator (TPR) today.

The future of trusteeship and governance consultation outlines the problem of badly run pension schemes and considers how the trustee model can be made more effective.

In particular it poses questions to the industry about how to improve and evidence trustee knowledge and understanding, how to encourage diversity on boards, the role of accreditation and whether sole trustees are able to govern effectively.

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