Pension Regulator completes online 'Trustee Toolkit'

Part of the Pensions Act 2004 requires trustees of both defined benefit (DB) and defined contribution (DC) schemes to demonstrate and meet a certain level of Trustee Knowledge and Understanding (TKU). As a result the Pensions Regulator designed the ‘Trustee Toolkit’ - a free e-learning programme – which allows trustees to work through various scenarios and answer questions on topics relevant to their scheme. The final module, ‘Running Your Scheme’, is aimed at both DB and DC trustees and is set over a typical year at a pension scheme. It looks at good practices involved in running a tru...