More pension schemes are training trustees, according to the Pensions Regulator.
In a survey, the regulator found 66% of closed schemes are now offering training, up from 56% 12 months ago. In addition, a total of 70% of open schemes offer training, compared to 55% last year. Smaller schemes - those with fewer than 100 members - as well as those that meet less frequently, are less likely to provide formal, structured training. More than 60% of small defined contribution schemes have not undertaken formal, structured training in the past year. More than half of schemes have undertaken advanced or specific training in the past year, up from 42%. A statement says: ...
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