Source · Select Committees · Work and Pensions Committee
Recommendation 15
15
Accepted
Paragraph: 113
Use the trustee register to report annually on toolkit completion rates
Recommendation
We welcome the introduction of a trustee register as a way to improve TPR oversight of trustees and to communicate directly with them. We also welcome TPR’s decision to update the Trustee toolkit. We recommend that TPR should use the register to report annually on the number of trustees who have completed the toolkit.
Government Response Summary
The government committed that once the trustee register is fully operational, it should be possible to publish anonymised aggregated data, including the number of trustees who have completed the toolkit.
Paragraph Reference:
113
Government Response
Accepted
HM Government
Accepted
The trustee register is still under development as TPR focuses on centralising trustee information. The ability to link records of trustee toolkit use to specific trustees would give TPR a clearer view of areas in the pension landscape, or schemes, where support and intervention may be required. When the register is up and running, it should be possible to publish anonymised aggregated data such as: • the number of schemes who have an accredited trustee; • the number of schemes who have a professional trustee; • how many schemes have no accredited trustees; and • how many trustees have completed the toolkit.