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Two key concerns of trustees are ensuring that all legislation and guidance is respected and that mistakes are avoided. We help trustees implement straightforward procedures that are appropriate to the scheme and trustees. Our advice includes:
- Instigating and maintaining internal controls, risk register, Statement of Investment Principles, sponsor covenant assessment.
- Identifying training (Trustee Knowledge and Understanding ? TKU) needs and devising training programs.
- Regular Updates on developments and changes in pensions legislation and practice with practical advice on what this means for your scheme and what response, if any, is appropriate.
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