Trustees

Law and pensions. Those who hold property under a trust arrangement. In relation to pensions, individuals who act as trustees (or as directors of a corporate trustee) may be company nominated, member nominated, or independent, as long as the provisions of the Pensions Act (in the UK) are complied with. Members of pension schemes, including those receiving pensions, may act as trustees of the related pension trust.

See also

• Corporate trustee
• Custodian
• Fiduciary duty
• Financial Services Authority
• Member nominated trustee