Pensions - Gowling Wlg
PI30P 29 - Conflicts of interest and pension scheme trustees
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:12:32
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Sinopsis
Key points Trustees cannot act lawfully when unduly influenced by a conflict of interest; A conflict of interest can impact on the validity of a trustee decision and on the management of the pension scheme; The Pensions Regulator has issued guidance around conflicts of interest; Trustees need to understand, identify and manage conflicts of interest including adviser conflicts; Trustees should adopt a conflicts of interest policy; A conflict can arise in relation to confidential information; and Separate Companies Act 2006 requirements apply to trustee directors.