Pensions UK comments on trust-based pension schemes consultation

The consultation sets out to improve the standards of pension scheme trusteeship, governance and administration. Pensions UK agree that trustees must have the right environments and circumstances to do their jobs.

Tiffany Tsang, Head of DB, LGPS and Investment at Pensions UK, said: “In the context of a consolidating marker, it is right that the Government should consider whether and how pensions governance needs to evolve. Trustees across all scheme types need the right environment and conditions to do their jobs effectively. Ensuring they have the appropriate skills and capability will be central to success, alongside a proportionate approach that reduces unnecessary burdens and allows trustees to focus on their core fiduciary responsibilities. We look forward to engaging with our members and Government on these issues over the coming weeks.”

Mark Smith, Head of Media Relations

020 7601 1726 | [email protected]

Cali Sullivan, Senior PR Manager
020 7601 1761 | [email protected]