Lesley Carline, President of the PMI talks about the introduction of professional trustees.
The Pensions Regulator’s recent consultation on the ‘Future of trusteeship and governance’ received more responses than ever before, at 114.
This is perhaps a key indicator that, in line with TPR’s ambition to engage with the industry to drive standards of governance upwards, the industry itself recognises the importance in setting a path for the future of trustee governance.
Introduction of professional trustees should be gradual