Pension Trustee Training: Trustee training deadline looms

Time is running out for pension trustees to meet the new legal requirement for trustee training, otherwise they potentially face significant fines, according to Des O'Sullivan, pensions consultant w

13th November, 2011
Des O'Sullivan, pensions consultant, with Ciaran Martin, director, Employee Benefits at Acumen & Trust.

Time is running out for pension trustees to meet the new legal requirement for trustee training, otherwise they potentially face significant fines, according to Des O'Sullivan, pensions consultant with Acumen & Trust. "The real question is, should you be a trustee, taking responsibility for funds worth millions of euro, if you can't even find the time to complete the training?" said O'Sullivan.

He said the Social Welfare and Pensions Act 2008 obliged employers to arrange...

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