Trustees Training Obligations - Update!!
Trustees are required to receive training within six months of their appointment and at least every two years thereafter.
Where a person was already a trustee before 1 February 2010, the training had to be completed before 1 February 2012 and at least every two years thereafter.
Trustees must record in the scheme’s annual report that they have received appropriate trustee training as required by the Pensions Act within the time limits set out therein.
The Board will monitor trustee training compliance on an ongoing basis.
For further information see FAQs on Trustee Training
Labels: "Pensions board", Pensioneer Trustee, pensions, Trustee Training, Trusteeship
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