Pwc Trustee Pay News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By IPE Staff2021-02-09T16:05:00+00:00
A recent report by PwC has found that trustees are among the lowest paid roles in pension scheme management despite growing responsibilities and increased regulation.
It is no surprise that the global pandemic and associated volatility in financial markets, together with increased pressure from The Pensions Regulator (TPR), has put more pension scheme trustees on the spot than ever before.
Yet PwC has found that pension funds typically pay less for trustees than for their actuarial and legal advisers, and in some cases less than their secretarial support. This is despite having responsibility for managing the challenges, risks and complexities associated with the £2trn (€2.3trn) of defined benefit (DB) pension liabilities in the UK, it said. ....

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