Trustees beware: New EU directive will get tough
As the government presses on with plans to overhaul pensions, it is clear that trustees can expect more pro-active engagement from the Regulator
As details of a new EU directive are being ironed out, trustees of existing Occupational Pension Schemes (OPSs) need to consider what will be required of them going forward. That’s according to James Kavanagh, managing director of Trustee Decisions, a specialist company providing impartial and independent trusteeship to private and public pension schemes as well as share schemes established under trust.
Details of the impending directive were flagged in the Institutions for Occupational...
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