Pensions Review

    March 2010

    Welcome to our Spring Review.

    When Albert Einstein said: "the important thing is not to stop questioning" I don't think that he was talking about pension scheme trustees in the UK - but the statement does have some resonance. Trusteeship is difficult and involves juggling a large number of priorities and dealing with a variety of people with interests in the pension scheme: from employers and advisers to scheme members and their dependants. The risks can be considerable and it is not easy to get everything right. Trustees are not expected to be experts (they rely on advisers for this) but they are expected to have enough knowledge to challenge the advice that they receive.