The Trustee Guide is a user-friendly summary of the pensions law and regulatory framework within which trustees of occupational pension schemes in the UK operate. It is divided into eight sections covering the following topics:
- The legal and regulatory framework
- The trustee board and how it runs its affairs
- Trustee statutory duties
- Funding and investment
- Disputes, penalties and liabilities
- Major events
- The Pensions Regulator and the Pension Protection Fund
It is designed to be a useful background source and refresher for trustees and in-house pensions teams to put issues into context as they arise in relation to their pension scheme.
This Guide reflects the law and regulatory framework as they stood as at 1 October 2019. It is not meant to be a substitute for legal advice, for which we would ask you to consult the person at Mayer Brown who normally advises you.