Source · Select Committees · Work and Pensions Committee
Recommendation 12
12
Paragraph: 101
Introduce measures to improve sole trustee accountability and member involvement in appointments
Conclusion
The use of sole trustees is increasing. While they can bring knowledge and expertise, there is the potential for conflicts of interest. We are concerned that employers often have a unilateral power to appoint sole trustees in the place of the existing trustee board, including member nominated trustees. DWP should introduce measures to improve the accountability of sole trustees and to enable scheme members to be involved in their appointment.
Paragraph Reference:
101
Government Response
A response document is linked to this report, dated 30 April 2025. Response attribution to this conclusion has not been verified. Read the response document ↗