Trustees

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Trustees guidance:

The role of secretary to pension trustees has changed dramatically in recent years and is important to the smooth running of a scheme. This Practice Note explains the...

Practice Note

FORTHCOMING DEVELOPMENT: The March 2018 White Paper ‘Protecting Defined Benefit Pension Schemes—A Stronger Pensions Regulator’ identified concerns about a lack of...

Practice Note

Occupational pension schemes are generally constituted by a trust, and as such are governed by a board of trustees, whether individual trustees or a corporate trustee (in...

Practice Note

BREXIT IMPACT: The information to be given when appointing a corporate director will be affected by Brexit. For further details, see Impact of Brexit on appointment of...

Practice Note

Produced in partnership with John Hamilton of Blake Morgan This Deed is made the [insert day] day of [insert month] 20[insert year] Parties 1 [Insert full company name]...

Precedents

Produced in partnership with John Hamilton of Blake Morgan 1 Background 1.1 This policy applies to the trustees (“the Trustees”) of the [insert name of pension scheme]...

Precedents

THIS PRACTICE NOTE APPLIES TO TRUST-BASED OCCUPATIONAL PENSION SCHEMES Occupational pension schemes can have a number of different trustee structures, the most common of...

Practice Note

THIS PRACTICE NOTE APPLIES TO TRUSTEES OF ALL PENSION SCHEMES A power is a legal authority conferred on a person to deal with and dispose of property which is not their...

Practice Note

FORTHCOMING DEVELOPMENT: The March 2018 White Paper ‘Protecting Defined Benefit Pension Schemes—A Stronger Pensions Regulator’ identified concerns about a lack of...

Practice Note

This Practice Note explores the boundaries of a trustee’s duty not to fetter his discretion. It should be read in conjunction with the Practice Note: Discretionary...

Practice Note

It is increasingly common to find independent individuals acting in relation to occupational pension schemes, either as the sole trustee or as one of a number of trustees...

Practice Note

FORTHCOMING DEVELOPMENT 1: The March 2018 White Paper ‘Protecting Defined Benefit Pension Schemes—A Stronger Pensions Regulator’ identified concerns about a lack of...

Practice Note

THIS PRACTICE NOTE APPLIES TO TRUST-BASED OCCUPATIONAL PENSION SCHEMES Pension scheme trustees have a duty to act in the best interests of the scheme's beneficiaries....

Practice Note

Produced in partnership with John Hamilton of Blake Morgan To: the [Active AND/OR Deferred AND/OR Pensioner] Members (“[the Members]”) of the [insert name pension scheme]...

Precedents

Produced in partnership with John Hamilton of Blake Morgan To: the Trustees of the [insert name of pension scheme] (the “Scheme”) NB: to be a valid nomination, this form...

Precedents

Statutory requirements Trustee boards must put in place and implement arrangements which provide for at least one-third of the total number of trustees to be...

Practice Note

Produced in partnership with John Hamilton of Blake Morgan To: the [active AND/OR deferred AND/OR pensioner] members [(the “Members”)] of the [insert name of pension...

Precedents

Produced in partnership with John Hamilton of Blake Morgan The trustees of the Scheme (the Trustees) have resolved [with the consent of [insert name of person]], in...

Precedents

Produced in partnership with John Hamilton of Blake Morgan In accordance with s 241 of the Pensions Act 2004, the trustees of the Scheme (the Trustees) have resolved to...

Precedents

Produced in partnership with John Hamilton of Blake Morgan THIS PRECEDENT APPLIES TO SCHEMES UNTIL 5 APRIL 2016. FOR FURTHER INFORMATION, SEE PRACTICE NOTE: Payment of...

Precedents

Produced in partnership with John Hamilton of Blake Morgan THIS PRECEDENT APPLIES TO SCHEMES UNTIL 5 APRIL 2016. FOR FURTHER INFORMATION, SEE PRACTICE NOTE: Payment of...

Precedents

Produced in partnership with John Hamilton of Blake Morgan The Scheme's arrangement for the selection and appointment of member-nominated trustees requires that, where...

Precedents

THIS PRACTICE NOTE APPLIES TO TRUST-BASED OCCUPATIONAL PENSION SCHEMES This Practice Note examines the powers of the Pensions Regulator (the Regulator) to suspend or...

Practice Note

It is often thought that pensions scheme trustees owe a duty to act in the best interests of the beneficiaries of the scheme. This Practice Note explores the origins of...

Practice Note

When making decisions, trustees are required, among other things, to: • act in the best interest of scheme beneficiaries • act for a proper purpose • have a level of...

Practice Note

Other protections available to trustees Despite dire warnings about the onerous nature of trusteeship, the liabilities imposed by the Pensions Regulator and the pitfalls...

Practice Note

FORTHCOMING DEVELOPMENT: On 10 February 2020, the Pensions Regulator (TPR) published the response to its consultation on the future of trusteeship and governance. Among...

Practice Note

THIS PRACTICE NOTE APPLIES TO TRUST-BASED OCCUPATIONAL PENSION SCHEMES Trustees may be subject to personal liability if they commit a breach of trust which causes loss to...

Practice Note

Produced in partnership with John Hamilton of Blake Morgan 1 Conflicts of interest [No conflict of interest was reported prior to, or at the commencement of the meeting...

Precedents

Produced in partnership with Oliver Hilton of Radcliffe Chambers 1 Conflicts of interest [No conflict of interest was reported prior to, or at the commencement of the...

Precedents