Raising professional trustee standards as TPR plans oversight

An interesting article in Pensions Expert from Andy Boorman, BESTrustees’ director and member of the Society of Pensions Professionals, in which he explains the importance of the regulator’s work on trusteeship and how independence and lack of conflicts can raise standards in professional trustee work.

As a profession, we must engage fully with the regulator’s review of oversight in the professional trustee industry and work to define a template for professional trusteeship which serves all stakeholders well. At the heart of everything has to be the overarching principle of independence in our conduct and decision-making in order to secure good retirement outcomes for our members and savers – in turn supporting wider societal efforts to maintain trust and confidence in retirement saving arrangements.

Click here for the full article.