Men over 50 dominate corporate pension schemes

The consultancy found 82% of pension trustees in the UK are men and 54% are men aged over 50. A total of 42% are men aged between 51 and 60. Overall the over 50s make up 60% of trustees while 12%, or one in ten, are under 40. Just 10% of trustees are women over 50. Gail Paterson, partner at Hymans Robertson, says: “Pension trustees are influential figures who direct the investment of pension funds and aim to ensure that all scheme members are aware of the likely level of their retirement benefits throughout their working life. “A proportion of the trustees are nominated by members them...