WHAT'S NEW
The Pensions Authority has introduced minimum competency requirements for trustees.
On Thursday 18th November 2021, the Pensions Authority published its Code of Practice for trustees of occupational pension schemes and trust RACs. This Code includes a requirement that at least one trustee on the board, or one director of a sole corporate trustee meets new minimum education requirements.
LIA's PTP (Certificate in DC Pension Scheme Trusteeship) is one of only two qualifications named by the Pensions Authority as meeting these minimum requirements.