Shelley Ismail
MNTs of ‘highest importance’ to pension boards – Dromey
Written by Theo Andrew – Pensions Age Labour Shadow Pension Minister, Jack Dromey, has said having a member-nominated trustee (MNT) on all pension boards is “of the highest importance”. Speaking at the Association of Member Nominated Trustees (AMNT) Summer Conference last week (5 July), Dromey said that a Labour government would push for stronger member representation, in a time of
Shadow Pensions Minister, Jack Dromey supports the role of member representatives on pension schemes as TPR pushes for professionalising the trustee role
Labour MP champions the role of member representatives on pension boards as the regulator increases efforts to get more professional trustees on boards Dromey reaffirms last year’s statement that Labour wants to move from at least a third member-nominated trustees on pension fund boards to a 50/50 split Labour MP wants to see the establishment of a “fiduciary college” within
PASA launches DB transfer guidance
Written by Holly Roach- Professional Pensions The Pensions Administration Standards Association (PASA) has launched guidance on defined benefit (DB) transfers to help give members better flexibility while retaining their pension benefits. The first of two parts, the Guide to Good Practice has three key aims: to improve overall member experience; to improve efficiency for administrators; and to improve communications and transparency. Speaking
Labour throws weight behind MNTs
Written by Sandra Wolf- Mallowstreet Labour’s shadow pensions minister, Jack Dromey, is championing the role of member representatives on pension schemes just as the Pensions Regulator is stepping up efforts to get professional trustees on more boards. Speaking at the AMNT’s Summer Conference on Thursday, Dromey also wants to see the establishment of a “fiduciary college” within a university to serve
TPR consults on mandatory pro trustees, sole trustees and diversity
Written by Sandra Wolf- Mallowstreet Badly run schemes need to improve or consolidate, said the Pensions Regulator as it proposes to reduce the number of poorly governed pension schemes in a consultation launched today. The [Future of Trusteeship and Governance](https://www.tpr.gov.uk/en/document-library/consultations/future-of-trusteeship-and-governance-consultation) paper considers how the trustee model can be made more effective. “The trustee model isn’t broken, but it does need
How does the rest of the world see us?
Article published in Professional Pensions- Written by David Weeks, co-chair of the Association of Member Nominated Trustees The Association of Member Nominated Trustees (AMNT) represented the UK at two major international conferences last month. The European Pensions and Investments Summit 2019 was in Montreux; the eighth annual World Pensions Forum was in Brussels. As usual at conferences, impressions come from
The biggest hurdle yet? Why we need more young trustees
Being a rarity on pension fund boards, it would be easy for young trustees to feel they have to work harder to make their views heard. But the real challenge is getting there in the first place. For young people, getting on a trustee board is a journey so unlikely that whenever a young-ish face does show up, that person instantly
What do you value?
‘Price is what you pay; value is what you get’ – Warren Buffett In 2107 Lionel Messi, world footballer of the year, had a salary of $53 million; with experience an NHS nurse team leader could earn annually a maximum of £34,876. Should the excitement of the game at the Nou Camp Barcelona bring on a heart attack, who would
Press Release: AMNT acquires accredited status for its training programme
Today the AMNT are pleased to announce that their programme has been accredited and they will now be able to issue Continuing Professional Development (CPD) certificates. To read full press release please click here
Press Release: AMNT win at PMI
David Weeks, co-chair of AMNT wins the ‘Outstanding contribution to the pensions industry’ award at the Pension Management Institute’s Annual Dinner 2019. Click to see full response.