Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

We encourage a modular approach to trustee training, with training sessions forming part of trustee meetings

Trustee Training

Legislation requires that trustees have sufficient knowledge and understanding to fulfil their duties effectively. This is commonly referred to as TKU – for Trustee Knowledge and Understanding.

The good news is that you are not expected to become an expert in every last detail of pensions legislation. However, you are expected to have a working knowledge of pensions and trust law and of the principles surrounding investment and funding.

In addition you should be familiar with the documents that underpin the running of your scheme, including:

  • the Trust Deed and  Rules
  • the scheme booklet and announcements to members
  • minutes of previous trustees’ meetings
  • the Statement of Investment Principles
  • (if appropriate) the Statement of Funding Principles.

Many organisations, including the Pensions Regulator, offer trustee training courses and several of those (again including tPR) lead to a recognised qualification for trustees. While such a qualification is valuable evidence that the training has been assimilated it should not be relied upon as fulfilling your TKU requirement for ever after. It will be important to keep up-to-date with changes in legislation and in your own scheme.

We offer a TKU planning service, involving:

  • an audit of the trustees’ learning to date
  • an analysis of your current training requirements
  • a plan of how and when the required training should be undertaken
  • a training manual in which to record your training and achievements
  • a TKU statement that may be included in the annual report and accounts and used to communicate to members and other interested parties how you are fulfilling the TKU requirement.

We believe that this service will enable you to identify your training needs and so acquire relevant training more efficiently and economically, as well as providing you with a structure for planning your training in the future. It also provides evidence of your commitment to fulfil responsibly your role as a trustee.

We encourage a modular approach to trustee training, with training sessions taking place before or after trustee meetings. This has the benefit of enabling training to be tailored to the individual client’s needs and to be scheduled at the most relevant times. For instance, a training session on funding would be scheduled to precede the triennial actuarial valuation.

Providing a first-rate, personal service

Actuarial Consultancy

We believe that actuarial advice should be delivered in plain English and should enable the Trustees and Company to make informed decisions. To facilitate this we enjoy meeting our clients regularly to…

Investment Consultancy

Our approach to investment consultancy begins with the Asset Planning Cycle, shown below. We believe that, by following this process, Trustees will find that they are conforming to many of the Myners'...

Pensions Administration

Members rarely comment on good administration - after all they are receiving the right benefits at the right time. However, when things go wrong… Our ethos is that Pensions Administration is…