Pensions - Articles - Two trustee accreditation regimes unhelpful to the industry

 Tom Lukic, Director at Dalriada Trustees, said: “There are now two incredibly similar accreditation regimes which is unhelpful to the industry, could potentially cause confusion and undermine the benefits an accreditation programme was meant to bring to pension scheme governance. However, with a choice of accreditation regimes now available, professional trustees are having to carefully consider which they want to follow.

 Whilst our strong preference was for a single accreditation process, we now have to decide between the two. What’s best, an accreditation regime run by professional trustees for professional trustees, learning and developing from direct experience or one run by a third-party commercial organisation? Whilst as a firm we remain supportive of the PMI, with regards to accreditation our intention is to continue to support the APPT’s accreditation process going forwards. We will be putting all of our professional trustees through the APPT’s process.”