What happens if I don’trustee duty to invest comply? Employers are likely to ask you for help to choose and run a good quality pension scheme for automatic enrolment. Our free elearning programme to help trustees understand their role. Workplace pensions law has changed and every employer must comply.
Employers may also find this guidance a useful explanation of the trustee’s role. Before reading this guidance, trustees should be aware of the legal requirements for trustee knowledge and understanding. This guidance complements our Trustee toolkit, setting out useful information with links to related guidance on our website, which those who have completed the toolkit will find useful. The Pensions Regulator’s code of practice Trustee knowledge and understanding explains what trustees need to do in order to comply with the law. Trustee toolkit New trustees must acquire the appropriate knowledge and understanding within six months of being appointed.
However, we want trustees to be able to achieve this without incurring any additional cost. We have therefore developed a free e-learning programme called the Trustee toolkit. The Trustee toolkit is a highly engaging, interactive online learning experience, covering the points made in this guidance. You’re able to test your knowledge and understanding as you go along and print out a development record to prove your achievements. Our Guidance for trustees complements our Trustee toolkit, setting out the information in a more at-a-glance format, and providing links through to other regulatory guidance on our website which those who have completed the toolkit will find useful. In becoming a trustee of an occupational pension scheme, you are choosing to take on an extremely important role. The scheme members look to you to make sure that the scheme is well run and that their benefits are secure.