18 January 2012
Stephen Soper, Executive Director for DB at the Pensions Regulator, gave a significant speech at the NAPF Trustee conference yesterday. He indicated the desire to provide greater clarity regarding expectations of trustee conduct and the regulator’s own case processes and procedures.
His speech : published in full on the regulator’s website (a link is provided below) : focused on the following four areas:
- Current economic climate and funding of schemes (a statement is to be published in April)
- Non-cash scheme support
- De-risking and corporate transactions
The speech is well worth reading.