Pension Trustees and Administration

Contents

The trustees

  • Trustees and trust law
  • Statutory powers and duties
  • Appointment and removal of trustees

Trustee knowledge and understanding

  • Familiarity with the scheme’s trust documents
  • Awareness of issues affecting your pension scheme
  • Trustee training

Day-to-day requirements

  • Relationships with advisers
  • Communications
  • Pension scheme administration

Scheme finances

  • Investment issues
  • Funding and contributions
  • Accounting for pensions

Other issues

  • Changing the scheme rules
  • Bulk transfers and TUPE transfers
  • Winding up and employer insolvency

 

 
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© Incomes Data Services, 14 April, 2008